The House Concurrent Resolution urges the Louisiana Public Service Commission and Cleco Power to approve any sale or merger of the utility only under specific conditions that protect local employment. Cleco Power, a significant regional utility provider in central Louisiana, has a long history and currently serves approximately 295,000 customers. The resolution highlights concerns regarding potential job losses that could arise from a sale or merger, emphasizing the importance of safeguarding the jobs of over 450 nonservice employees and all service jobs at Cleco's headquarters in Pineville for a minimum of ten years.
The resolution calls for the commission to ensure that any transaction involving Cleco Power includes adequate guarantees to maintain current employment levels, thereby supporting the local economy and workforce. It reflects the legislature's commitment to protecting the interests of central Louisiana residents and employees in the face of potential changes in ownership or control of the utility.