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| CLECO CORPORATION  | EXHIBIT 12(a) |
|-------------------------|---------------|

Computation of Ratios of Earnings(Loss) to Fixed Charges and of Earnings (Loss) to Combined Fixed Charges and Preferred Stock Dividends

| UNAUDITED (THOUSANDS, EXCEPT RATIOS)                                                                                                               | **                     2005** |   |                      2004                                  |   |                      2003                                  |     |                      2002      |   |                      2001      |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------|-----|------------------------------------------------------------------------------------------------------------------------------------|---|------------------------------------------------------------------------------------------------------------------------------------|---|
| Earnings (loss) from continuing operations                                                                                                         | ** $  182,978**                                                                                                         |   |    $       66,119                                                                                                      |   |    $     (29,768)                                                                                                                |     |    $       80,373                                                                          |   |    $       74,487                                                                          |   |
| Undistributed equity income from investees                                                                                                         | **       (77,765)**                                                                                 |   |                   2,406                                                   |   |                   9,176                                                   |     |                  (3,967)                           |   |                     (660)           |   |
| Income tax expense (benefit)                                                                                                                       | **      115,951**                                                                                        |   |                35,864                                                                    |   |               (21,417)                                                                        |     |                 39,665                                  |   |                 39,170                                  |   |
| Earnings (loss) from continuing operations before  income taxes                                                                                    | ** $  221,164**                                                                                                         |   |    $     104,389                                                                                                                 |   |    $     (42,009)                                                                                                                |     |    $     116,071                                                                                     |   |    $     112,997                                                                                     |   |
| Fixed charges:                                                                                                                                     |                                                                                                                                   |   |                                                                                                                                                                |   |                                                                                                                                                                |     |                                                                                                                                    |   |                                                                                                                                    |   |
|      Interest, long-term debt                                                                                                  | ** $    35,780**                                                                                              |   |    $       47,244                                                                                                      |   |    $       60,998                                                                                                      |     |    $       55,621                                                                          |   |    $       51,619                                                                          |   |
|      Interest, other (including interest on  short-term debt)                                                                  | **          3,260**                                                                  |   |                   2,945                                                   |   |                   7,219                                                   |     |                   9,346                       |   |                   4,651                       |   |
|      Amortization of debt expense, premium, net                                                                                | **          2,399**                                                                  |   |                   3,261                                                   |   |                   3,385                                                   |     |                   1,720                       |   |                   1,689                       |   |
|      Portion of rentals representative of an  interest factor                                                                  | **             284**                                                  |   |                      286                                   |   |                      518                                   |     |                       608 |   |                       527 |   |
| Total fixed charges                                                                                                                                | ** $    41,723**                                                                                              |   |    $       53,736                                                                                                      |   |    $        72,120                                                                                                |     |    $       67,295                                                                          |   |    $       58,486                                                                          |   |
| Earnings (loss) from continuing operations before  income taxes                                                                                    | ** $  221,164**                                                                                                         |   |    $     104,389                                                                                                                 |   |    $     (42,009)                                                                                                                |     |    $     116,071                                                                                |   |    $     112,997                                                                                     |   |
|      Total fixed charges from above                                                                                            | **        41,723**                                                                             |   |                53,736                                                                    |   |                72,120                                                                    |     |                 67,295                                  |   |                 58,486                                  |   |
|      Amortization of capitalized interest                                                                                      | **             407**                                                  |   |                      485                                   |   |                      725                                   |     |                       725 |   |                       458 |   |
|      Long-term capitalized interest                                                                                            | **                  -**                      |   |                            - |   |                            - |     |                  (6,013)                           |   |               (10,115)                                            |   |
| Earnings (loss) from continuing operations before  income taxes and fixed charges                                                                  | **  $  263,294**                                                                                                        |   |    $     158,610                                                                                                            |   |    $       30,836                                                                                                      |     |    $     178,078                                                                                     |   |    $     161,826                                                                                     |   |
| Ratio of earnings to fixed charges                                                                                                                 | **            6.31**                                                       | x |                     2.95                                        | x |                     0.43                                        | x*  |                     2.65            | x |                     2.77            | x |
| Total fixed charges from above                                                                                                                     | ** $    41,723**                                                                                              |   |    $       53,736                                                                                                      |   |    $       72,120                                                                                                      |     |    $       67,295                                                                     |   |    $       58,486                                                                          |   |
| Preferred stock dividends                                                                                                                          | **          1,922**                                                                  |   |                   2,741                                                   |   |                   2,099                                                   |     |                   2,167                       |   |                   2,227                       |   |
| Total fixed charges and preferred stock dividends                                                                                                  | ** $    43,645**                                                                                              |   |    $       56,477                                                                                                 |   |     $       74,219                                                                                                     |     |    $       69,462                                                                          |   |    $       60,713                                                                          |   |
| Ratio of earnings to combined fixed charges                                                                                                        |                                                                                                                                   |   |                                                                                                                                                                |   |                                                                                                                                                                |     |                                                                                                                                    |   |                                                                                                                                    |   |
|      and preferred stock dividends                                                                                             | **            6.03**                                                       | x |                     2.81                                        | x |                     0.42                                        | x** |                     2.56            | x |                      2.67           | x |
| *    For the year  ended December 31, 2003, earnings were insufficient to cover fixed charges by  $41.3 million.                    |                                                                                                                                   |   |                                                                                                                                                                |   |                                                                                                                                                                |     |                                                                                                                                    |   |
| **  For the year  ended December 31, 2003, earnings were insufficient to cover fixed charges  and preferred stock dividends by $43.4 million. |                                                                                                                                   |   |                                                                                                                                                                |   |                                                                                                                                                                |     |                                                                                                                                    |

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