The House Concurrent Resolution urges the Louisiana Public Service Commission and Cleco Power to approve any sale or merger of Cleco Power only under specific conditions that prioritize job preservation for local employees. Cleco Power, a significant utility provider in central Louisiana with a history dating back to 1906, currently serves approximately 295,000 customers and is a major employer in the region. The resolution emphasizes the importance of maintaining job levels, particularly the retention of over 450 nonservice jobs and all service jobs at Cleco's headquarters in Pineville, Louisiana, for a minimum of ten years following any ownership transfer.

The resolution highlights the commission's regulatory authority over utility ownership changes and the need for careful consideration of the impact on employees and the local economy. It calls for adequate guarantees and safeguards to ensure that any transaction does not negatively affect the workforce or the community. The resolution reflects the legislature's commitment to protecting local jobs and the economic stability of central Louisiana in the face of potential corporate changes.