deridder-city-council-meeting-agenda-october-27-2025_d89.pdf
CLECO Power To Accept Extended DeRidder Franchise Agreement
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Description
An ordinance before the DeRidder City Council would have CLECO Power LLC, successor to Central Louisiana Electric Company, Inc., accept a 25-year extension of the city’s electric franchise through January 1, 2052. The agreement sets a 4% franchise fee on qualifying retail electric sales.
Contract Details
Vendor
CLECO POWER LLC
Agency
Housing Authority of the city of DeRidder, LA
Contract Type
UTILITIES
Document Date
October 27, 2025
Contract Term
January 1, 2027 – January 1, 2052 (additional 25 years)
Renewal Date
2052-01-01
Renewal Info
Successor utility CLECO Power LLC is to accept the extended franchise term through January 1, 2052, under amended Ordinance No. 366, with a 4% franchise fee on eligible retail sales for the duration.
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PENDINGIssuing Agency
Housing Authority of the city of DeRidder
Local Housing Authority
Deridder, LA
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