The official transition to competition for all Lubbock Power & Light customers is scheduled for late Fall 2023 pending completion of the necessary infrastructure to migrate all remaining customers to the ERCOT market (scheduled for late Spring 2023), any necessary regulatory approvals by the Public Utility Commission of Texas, and completion of the opt-in conditions outlined by the resolutions passed by the Lubbock City Council and Lubbock Power & Light Electric Utility Board. The Lubbock City Council and Lubbock Power & Light Electric Utility Board passed resolutions approving the transition in February 2022. The City Council and Electric Utility Board will set the official transition to competition date in the coming year.

Prior to the official transition of customers to their new providers in late Fall 2023, there will be a period from late Summer 2023 to early Fall 2023 where customers will be able to shop for their new provider. We will continue to update the schedule over the next few months as we begin to formalize the overall schedule of events and will provide detailed instructions on how the process works.

The process to transition all customers to the retail competitive market is scheduled for late Fall 2023 and the current plan is to transition all customers over a one month period to their new providers. Prior to the official transition of customers to their new providers in late Fall 2023, there will be a period from Summer 2023 to early Fall 2023 where customers will be able to shop for their new provider. We will continue to update the schedule over the next few months as we begin to formalize the overall schedule of events and will provide detailed instructions on how the process works.

It is important that all Lubbock Power & Light customers be able to access competitive choice during the same time frame in order to treat Lubbock ratepayers in a fair and reasonable fashion.

Lubbock Power & Light currently has approximately 108,000 electric meters (all customer classes) within our certificated service area.

All current customer classes and their applicable fee structures are located online at LPandL.com as part of our tariff. The current electric rate/tariff schedule may be found here: https://lpandl.com/assets/uploads/docs/FY-2021-22-Electric-Rate-Tariff-Schedule-Adopted.pdf

Current breakdown of customers within classes (September 2022):

• Total Meters: ~108,000
• Residential Customers: 70,912
• Multi-Family Housing: 22,922
• Commercial: 11,166
• Unknown: 735
• Municipal: 707
• Church: 460
• School: 302
• University: 253
• Hospital, Urgent Care, Nursing Home, etc: 152

*Meter number count approximated

Lubbock Power & Light engaged in a full deployment of Advanced Metering Infrastructure (AMI) and the project today is substantially complete. To date, we have 99.6% of our AMI meters deployed amongst our 108,000 meters and expect to be 100% complete by October 2022.

The majority of Lubbock Power & Light’s Advanced Metering Infrastructure (AMI) is capable of performing remote connect and disconnect. 94% of residential meters and 47% of commercial meters have full remote connect and disconnect capability.

Investor-owned utilities currently in the retail electric market utilize Smart Meter Texas in order for customers and authorized parties to view and obtain advanced meter interval data and it is the current plan that Lubbock Power & Light utilize this when appropriate.

Lubbock Power & Light has accurate service addresses for all customers who will be participating in customer choice.

https://lpandl.com/retail-competition

Lubbock Power & Light’s schedule does contain a period of time where potential retail electric providers will be able to establish service well prior to go-live in order to ensure customers have a full menu of options when first selecting their providers in the retail electric market. It is important we allow enough time for this process to take place in the months leading up to the transition to competition. A more complete timeline will be published in the coming months and additional information will be provided for how and under what conditions a retail electric provider will be able serve customers in Lubbock.

At this point in time, it is the intention of Lubbock Power & Light to send this type of information through the traditional channels at ERCOT. However, use of these types of REP portals has not been ruled out in the future and may be deemed necessary as we continue to build out our points of communication with market participants.

Lubbock Power & Light plans to create a division specifically dedicated to performing customer service for retail electric providers once we transition customers to the retail electric market. Currently, REPs with specific questions on process and timelines may contact us at marketops@mail.ci.lubbock.tx.us.

https://www.puc.texas.gov/agency/rulesnlaws/subrules/electric/Electric.aspx

Lubbock Power & Light is seeking stakeholder input on our proposed revisions to the pro forma Tariff for Competitive Retailer Access related to municipal utilities. We published our red-lined document on the website in order to solicit comments from stakeholders and will be working with the ERCOT Retail Market Subcommittee (RMS) Task Force in order to make sure all interested parties have an opportunity to participate. The tariff was originally effective 08/23/01 and is in need of being updated.

Our desire is to file this with the PUC by October 2022 as a fully stipulated and agreeable Tariff and seek an expedited process for approval. The red-lined tariff can be found here: https://lpandl.com/retail-competition/retail-providers

If you wish to propose any changes please submit any suggestions to Michael Winegeart at MWinegeart@lpandl.com.

We anticipate changes to our current rate structure when we make the transition to the retail competitive market as our business structure will change. We are currently working to complete a rate study in order to develop a new rate tariff well before go-live of the competitive market, scheduled for late Fall 2023.