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On March 8, 2018, the Public Utility Commission of Texas (PUCT) approved LP&L’s application to join the Electric Reliability Council of Texas (ERCOT). Read the full release here.

    Advantages of Joining ERCOT

    Provides Affordable Power

    • Eliminates the need to build an expensive power plant with estimated debt costs ranging from $350 to $700 million. 
    • Cuts our wholesale power costs by eliminating expensive fixed capacity charges.
    • Creates a revenue stream for Lubbock ratepayers through new transmission lines connecting Lubbock to the ERCOT system.

    Assures a Diversified Energy Portfolio

    • Provides full access to West Texas wind and a mix of conventional and renewable electric generation such as natural gas, solar and coal.
    • Provides stability through access to 570 Texas-based generation units, avoiding dependence on one unit.

    Simplifies the Regulatory Environment

    • Avoids primary regulation by the Federal Government (Federal Energy Regulatory Commission or “FERC”).
    • Involves regulation by the Public Utility Commission of Texas and our Texas Legislature.

    Unites Lubbock with the State of Texas

    • Provides access to Texas power plants and over 1,800 active market participants that generate, sell, or transmit wholesale electricity.
    • Opens the door to retail electric competition in Lubbock.