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 protect local employment. Cleco Power, a significant utility provider in central Louisiana with a history dating back to 1906, serves approximately 295,000 customers and is a major employer in the region. The resolution emphasizes the importance of safeguarding jobs, particularly the more than 450 nonservice positions 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 such transactions and references a 1994 General Order that outlines factors to consider when approving ownership changes. It specifically calls for guarantees that any sale or merger will not result in job losses for central Louisiana residents, thereby aiming to protect the economic stability of the community and its workforce. The resolution concludes by requesting that a copy be transmitted to the relevant parties involved in the oversight of Cleco Power.