Lubbock Electricity Updates
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The Electricity Market is Opening in January 2024
This Monday Lubbock Power and Light on Monday said it has completed connecting the last 30% of electricity customers to the new network with the Electric Reliability Council of Texas. This is a historic event for the City of Lubbock and teh region. After 8 years, the largest migration of electrical load in state history…
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Electricity Company Competition Delayed Until 2024
Lubbock is getting close to opening up electric competition to force electricity companies to compete for the business of residents and local companies. The goal is to lower electricity rates and offer customers various electricity plans based on their needs. Though we’re all ready and have seen advertisements all over the place from electricity retailers,…
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Population Growth + Heat = High Electricity Rates in Texas
Texas residents signing up or changing their electricity provider these last few weeks have faced high electricity rate in TX as hotter-than-usual temperatures cause demand for electricity to soar across the state. Exacerbating the problem, the primary driver of record consumption has been the rapid growth in Texas’ population as well as the economy. Electricity…
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Heat is Multiplying Electric Bills in Lubbock
The Texas summer heat is kicking everyone’s butt in 2023! It won’t be going away any time soon either. With highs regularly over 100 degrees, Lubbock has now spent 15 of the last 30 days in the triple digits. As anyone of sound mind would infer, when the heat bakes, demand for electricity goes up…
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Delay to Lubbock’s Transition to Competitive Electricity Market
Residents of Lubbock, Texas, were originally slated to move to a competitive electricity market in the Fall of 2023. We’ve been preparing for deregulated electricity 2022… some of us even further back. Now a new challenge to the legacy operator’s plan (Lubbock Power & Light) to exit the current grid (Southwest Power Pool) will likely…
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New Record for Texas Electricity Demand (Summer 2023)
The demand for electricity throughout Texas surged to its highest point ever two days ago (Tuesday, June 27) when rising temps and massive heat dome covered the state. A heat wave continues to bake Texas for two weeks now reaching 100+ temps. Electricity Demand in Texas is Scorching ERCOT (Electric Reliability Council of Texas), which…
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How to Change Electricity Provider
First, you’re probably wondering if there is a penalty for changing electric providers. No. There is no switching fee unless you request a special meter reading at a time other than your regularly scheduled meter reading. BIG CAVEAT: There can be penalties if you break an existing contract with an electric company. Be sure to…
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What if Your Electricity Company Goes Out of Business
If your electricity provider in Lubbock goes out of business or simply stops operating in the panhandle, Texas law requires another REP to step in and keep your lights on so that you can either enter into a contract with another electricity provider. Technically, this “back up” company is called the Provider of Last Resort…
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Lubbock Town Hall Meeting Regarding Electricity Competition
The city of Lubbock in conjunction with Lubbock Power & Light continue to get the word out about the upcoming transition to the competitive electricity market. A series of town hall meetings have begun and the first was a couple weeks back. The goal is to provide details to the public and residents while answering…
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Texas Electricity Prices and Energy Grid Update
The state of the Texas electricity grid continues to be a point of anxiety for residents and business owners. It is a complex and evolving issue in Texas politics. In recent years, the grid has come under scrutiny due to a number of factors, including the 2021 winter storm, rising natural gas prices, and the…