The saga of the sale of the Central Louisiana Electric Cooperative was an interesting excursion into the way things get done in Louisiana. I don't mean to imply that anything was not done above board and totally withing the confines of accepted legal practices. I am just saying it was quite interesting how a deal to sell the utility to Canadian interest went from dead in the water to a done deal in a short amount of time. 

The bottom line is the sale went through. Whether it's a good thing or a bad thing for  customers of CLECO only time will tell. In the short term it's a very good thing. How does free electricity sound? Well it's not exactly free. It's a credit of $475 on your CLECO bill beginning in July. That's not a bad thing since July and August are usually the two months that Louisiana power bills rival the cost of college tuition.

Customers are benefiting from lower bills during the summer months and will still continue to receive reliable power from Cleco.

The words of Jennifer Cahill, CLECO Spokesperson, as reported to the Louisiana Radio Network. I must agree. If CLECO is anything they are a very reliable and responsible utility. They do always seem to put their service to their customers as a top priority.

About the $475 credit on your CLECO bill. Here's how that works.

So for example, if a customer has a monthly bill of $100, the credit would cover four months of electricity bills, plus $75 of the bill during fifth month.

Think of it like this. For most of us it's like getting a break from paying the power bill for a couple of months. Who knows what you could do with your extra savings. You might use it on a vacation or some power saving appliances or back to school supplies for your kids. It's your money, spend it wisely.