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| CLECO      POWER |  EXHIBIT 12(b) |
|------------------|---------------------|

|                                                                                |   | FOR      THE THREEMONTHS      ENDED |   |    | FOR      THE NINE MONTHS      ENDED |   |    | FOR THE TWELVEMONTHS      ENDED |   |
|-------------------------------------------------------------------------------------|--------|-------------------------------------|--------|---------|-------------------------------------|--------|---------|---------------------------------|--------|
| (THOUSANDS,      EXCEPT RATIOS)                                                     |   |                                |   |    | SEPTEMBER      30, 2008             |   |    |                            |   |
| Earnings      from continuing operations                                            |   | $                                   | 30,538 |    |                                | $      | 90,807  |                            |   | $ | 110,333 |   |
| Income      taxes                                                                   |   |                                | 10,566 |    |                                |   | 27,135  |                            |   |   | 36,230 |   |
| Earnings      from continuing operations before income taxes                        |   | $                                   | 41,104 |    |                                | $      | 117,942 |                            |   | $ | 146,563 |   |
| Fixed      charges:                                                                 |   |                                |   |    |                                |   |    |                            |   |   |   |   |
| Interest, long-term      debt                                                       |   | $                                   | 14,747 |    |                                | $      | 36,007  |                            |   | $ | 44,327 |   |
| Interest, other (including      interest on short-term debt)                        |   |                                | 4,623  |    |                                |   | 8,588   |                            |   |   | 7,239 |   |
| Amortization of debt expense,      premium, net                                     |   |                                | 526    |    |                                |   | 1,366   |                            |   |   | 1,720 |   |
| Portion of rentals      representative of an interest factor                        |   |                                | 130    |    |                                |   | 375     |                            |   |   | 502 |   |
| Total      fixed charges                                                            |   | $                                   | 20,026 |    |                                | $      | 46,336  |                            |   | $ | 53,788 |   |
| Earnings      from continuing operations before income taxes                        |   | $                                   | 41,104 |    |                                | $      | 117,942 |                            |   | $ | 146,563 |   |
| Plus:  total fixed      charges from above                                |   |                                | 20,026 |    |                                |   | 46,336  |                            |   |   | 53,788 |   |
| Earnings      from continuing operations before income taxes and fixed      charges |   | $                                   | 61,130 |    |                                | $      | 164,278 |                            |   | $ | 200,351 |   |
| Ratio      of earnings to fixed charges                                             |   |                                | 3.05   |  X |                                |   | 3.55    |  X                         |   |   | 3.72 |  X |

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