<PAGE>
PROSPECTUS SUPPLEMENT Filed Pursuant To Rule 424(b)(3)
(To Prospectus dated April 20, 1993 and Registration No. 33-61068
Prospectus Supplement dated April 28, 1993)
$125,000,000
Central Louisiana Electric Company, Inc.
Medium-Term Notes
Due From 9 Months to 30 Years From Date of Issue
The following selected financial information supplements the financial
information appearing in and incorporated by reference into the accompanying
Prospectus to which this Prospectus Supplement relates.
<TABLE>
SELECTED FINANCIAL INFORMATION
<CAPTION> (In thousands, except ratios, percentages and per share data)
Year ended December 31,
-----------------------
1993 1994
---- ----
<S> <C> <C>
Statement of Income Data:
Operating revenues $382,433 $379,603
Operating income $ 64,745 $ 70,430
Income before interest charges $ 67,571 $ 71,417
Net income $ 41,812 $ 45,043
Primary net income per common share $ 1.78 $ 1.92
</TABLE>
<TABLE>
<CAPTION> Year ended December 31,
--------------------------------------------
1990 1991 1992 1993 1994
---- ---- ---- ---- ----
S> <C> <C> <C> <C> <C>
Ratio of Earnings to Fixed Charges 2.84 2.99 3.16 3.30 3.35
</TABLE>
<TABLE>
<CAPTION> December 31, 1994
----------------------
<S> <C> <C>
Capital Structure:
First mortgage bonds. . . . . . . . . $124,000 17.0%
Medium-term notes . . . . . . . . . . 165,000 22.7
Other long-term debt(1)(2). . . . . . 62,741 8.6
Cumulative preferred stock(3) . . . . 13,264 1.8
Common shareholders' equity . . . . . 363,027 49.9
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Total capitalization. . . . . . . . $728,032 100.0%
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Short-term debt. . . . . . . . . . . . $ 28,977
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</TABLE>
______________________
(1) Excludes current maturities of other long-term debt aggregating
approximately $14.7 million.
(2) Includes approximately $61.3 million aggregate principal amount of
continuously remarketed variable rate pollution control revenue bonds due
2018.
(3) Includes approximately $29.7 million of convertible preferred stock issued
in April 1991 in connection with the establishment of an employee stock
ownership plan, reduced by approximately $24.4 million of unearned
compensation expense related to such employee stock ownership plan.
The date of this Prospectus Supplement is May 24, 1995. Page 1 of 1
