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CLECO POWER                                                                                                                                                                                                                                                                              EXHIBIT12(b)

 

Computation of Ratios of Earningsto Fixed Charges 

|                                                                                   | **   FOR THE THREE MONTHS ENDED**                                | ** ** | ** FOR THE TWELVE      MONTHS ENDED**                                        |   |
|-----------------------------------------------------------------------------------|---------------------------------------------------------------------------------|------------|----------------------------------------------------------------------------------------|---|
| UNAUDITED (THOUSANDS, EXCEPT RATIOS)                                              | **March 31, 2005**                                                              |            |
| Earnings from continuing operations                                               | ** $    7,609**                                             |            | **  $     47,806**                                            |   |
| Income taxes                                                                      | **        4,674**                            |            | **         26,428**                            |   |
| Earnings from continuing operations before income  taxes                          | ** $  12,283**                                                        |            | **  $     74,234**                                            |   |
| Fixed charges:                                                                    |                                                                                 |            | ** **                                                                             |   |
|      Interest, long-term debt                                 | ** $    6,499**                                             |            | **  $     26,691**                                            |   |
|      Interest, other (including interest on  short-term debt) | **           558**            |            | **           1,051**                 |   |
|      Amortization of debt expense, premium, net               | **           447**            |            | **           1,804**                 |   |
|      Portion of rentals representative of an  interest factor | **             79** |            | **              263** |   |
| Total fixed charges                                                               | ** $    7,583**                                             |            | **  $     29,809**                                            |   |
| Earnings from continuing operations before income  taxes                          | ** $  12,283**                                                        |            | **  $     74,234**                                            |   |
|      Plus:  total fixed charges from above               | **        7,583**                            |            | **         29,809**                            |   |
| Earnings from continuing operations before income  taxes and fixed charges        | ** $  19,866**                                                        |            | **  $   104,043**                                                       |   |
| Ratio of earnings to fixed charges                                                | **          2.62**                 | **x**      | **             3.49**      | x |

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