Lubbock Power & Light

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The ERCOT Solution: Frequently Asked Questions

I’ve heard this means we’ll get competition. What is the status of that?

The Lubbock City Council and the LP&L Electric Utility Board both voted unanimously to have LP&L conduct a thorough study of opting in to the competitive retail electric market.

Over the next year, LP&L staff will explore all requirements necessary to bring retail electric competition to Lubbock.

What is ERCOT?

Where is the technical assessment that shows this is the right solution?

Would it be cheaper in the long run to build a power plant – why wouldn’t we just build a plant?

Is ERCOT going to impose any unique financial burden on LP&L?

Reliability of service is important. In a state like Texas with high swings in temperature, the electric grid must be able to handle the cold winters and extremely hot summers. With a move to ERCOT, is reliability a concern for Lubbock? What is ERCOT doing to ensure a high level of reliability?

Recently there have been articles written about the possibility of a lack of resources in ERCOT in the upcoming summer. Will this affect future reliability in the ERCOT market?

What investment and overall cost will LP&L incur to enter ERCOT?

What are the advantages to moving to the ERCOT system?

How does a market solution versus a self-build or third party-build solution compare?

Will the decision affect the City of Lubbock or LP&L’s debt burden?

Will this raise my rates?