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

| Fixed Charges and Preferred Stock Dividends                                                                                                                                             |   |   |        |   |   |   |   |   |    |   |   |   |   |   |    |   |   |   |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------|--------|--------|--------|--------|--------|---------|--------|--------|--------|--------|--------|---------|--------|--------|--------|--------|
| UNAUDITED                (THOUSANDS, EXCEPT RATIOS)                                                                                                                                          |   |   | **2006**    |   |   |   |   |   | 2005    |   |   |   |   |   | 2004    |   |   |   |   |   | 2003 |   |   |   |   |   | 2002 |   |   |   |   |
| Earnings                (loss) from continuing operations                                                                                                                                    |   | **$**  | **74,670**  |   |   |   |   | $      | 182,978 |   |   |   |   | $      | 66,119  |   |   |   |   | $ | (29,768 | ) |   |   |   | $ | 80,373 |   |   |   |   |
| Undistributed                equity income from investees                                                                                                                                    |   |   | **6,201**   |   |   |   |   |   | (77,765 | )      |   |   |   |   | 2,406   |   |   |   |   |   | 9,176 |   |   |   |   |   | (3,967 | ) |   |   |   |
| Income                tax expense (benefit)                                                                                                                                                  |   |   | **42,049**  |   |   |   |   |   | 115,951 |   |   |   |   |   | 35,864  |   |   |   |   |   | (21,417 | ) |   |   |   |   | 39,665 |   |   |   |   |
| Earnings                (loss) from continuing operations before income taxes                                                                                                                |   | **$**  | **122,920** |   |   |   |   | $      | 221,164 |   |   |   |   | $      | 104,389 |   |   |   |   | $ | (42,009 | ) |   |   |   | $ | 116,071 |   |   |   |   |
| Fixed                charges:                                                                                                                                                                |   |   |        |   |   |   |   |   |    |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest,                long-term debt                                                                                                                                                      |   | **$**  | **40,138**  |   |   |   |   | $      | 35,780  |   |   |   |   | $      | 47,244  |   |   |   |   | $ | 60,998 |   |   |   |   | $ | 55,621 |   |   |   |   |
| Interest,                other (including interest on short-term debt)                                                                                                                       |   |   | **5,111**   |   |   |   |   |   | 3,260   |   |   |   |   |   | 2,945   |   |   |   |   |   | 7,219 |   |   |   |   |   | 9,346 |   |   |   |   |
| Amortization                of debt expense, premium, net                                                                                                                                    |   |   | **1,867**   |   |   |   |   |   | 2,399   |   |   |   |   |   | 3,261   |   |   |   |   |   | 3,385 |   |   |   |   |   | 1,720 |   |   |   |   |
| Portion                of rentals representative of an interest factor                                                                                                                       |   |   | **506**     |   |   |   |   |   | 284     |   |   |   |   |   | 286     |   |   |   |   |   | 518 |   |   |   |   |   | 608 |   |   |   |   |
| Total                fixed charges                                                                                                                                                           |   | **$**  | **47,622**  |   |   |   |   | $      | 41,723  |   |   |   |   | $      | 53,736  |   |   |   |   | $ | 72,120 |   |   |   |   | $ | 67,295 |   |   |   |   |
| Earnings                (loss) from continuing operations before income taxes                                                                                                                |   | **$**  | **122,920** |   |   |   |   | $      | 221,164 |   |   |   |   | $      | 104,389 |   |   |   |   | $ | (42,009 | ) |   |   |   | $ | 116,071 |   |   |   |   |
| Plus:                total fixed charges from above                                                                                                                                          |   |   | **47,622**  |   |   |   |   |   | 41,723  |   |   |   |   |   | 53,736  |   |   |   |   |   | 72,120 |   |   |   |   |   | 67,295 |   |   |   |   |
| Plus:                amortization of capitalized interest                                                                                                                                    |   |   | **407**     |   |   |   |   |   | 407     |   |   |   |   |   | 485     |   |   |   |   |   | 725 |   |   |   |   |   | 725 |   |   |   |   |
| Long-term                capitalized interest                                                                                                                                                |   |   | **-**       |   |   |   |   |   | -       |   |   |   |   |   | -       |   |   |   |   |   | - |   |   |   |   |   | (6,013 | ) |   |   |   |
| Earnings                from continuing operations before income taxes and fixed                charges                                                                                      |   | **$**  | **170,949** |   |   |   |   | $      | 263,294 |   |   |   |   | $      | 158,610 |   |   |   |   | $ | 30,836 |   |   |   |   | $ | 178,078 |   |   |   |   |
| Ratio                of earnings to fixed charges                                                                                                                                            |   |   | **3.59**    |   |   | x      |   |   | 6.31    |   |   | x      |   |   | 2.95    |   |   | x      |   |   | N/A |   |   | x* |   |   | 2.65 |   |   | x |   |
| Total                fixed charges from above                                                                                                                                                |   | **$**  | **47,622**  |   |   |   |   | $      | 41,723  |   |   |   |   | $      | 53,736  |   |   |   |   | $ | 72,120 |   |   |   |   | $ | 67,295 |   |   |   |   |
| Preferred                stock dividends                                                                                                                                                     |   |   | **1,772**   |   |   |   |   |   | 1,922   |   |   |   |   |   | 2,741   |   |   |   |   |   | 2,099 |   |   |   |   |   | 2,167 |   |   |   |   |
| Total                fixed charges and preferred stock dividends                                                                                                                             |   | **$**  | **49,394**  |   |   |   |   | $      | 43,645  |   |   |   |   | $      | 56,477  |   |   |   |   | $ | 74,219 |   |   |   |   | $ | 69,462 |   |   |   |   |
| Ratio                  of earnings to combined fixed charges and preferred stock                  dividends                                                                                  |   |   | **3.46**    |   |   | x      |   |   | 6.03    |   |   | x      |   |   | 2.81    |   |   | x      |   |   | N/A |   |   | x** |   |   | 2.56 |   |   | 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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