1. QUOTE from:
    BREAKING NEWS: RETAIL POWER COMPETITION TO END IN LUBBOCK AFTER MORE THAN 90 YEARS
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    LP&L will be seeking approval from the LP&L Electric Utility Board and the Lubbock City Council. "This decision was made in the best interest of the citizens of Lubbock as well as in the best interest of dozens of Texas and New Mexico communities where Xcel Energy will remain the sole retail provider. This will not be an immediate change, and we will do everything we can to make this transition as smooth as possible for our customers" Eves said. LP&L and the City were advised by RBC Capital Markets with respect to financial matters, R.W. Beck with respect to operational matters and Vinson & Elkins with respect to legal matters. Full Article at Knowledge Problem
    This decision was made in the best interest of the citizens of Lubbock as well as in the best interest of dozens of Texas and New Mexico communities where Xcel Energy will remain the sole retail provider. This will not be an immediate change, and we will do everything we can to make this transition as smooth as possible for our customers
    SOURCE: Knowledge Problem 1 month ago
All quotes from:
BREAKING NEWS: RETAIL POWER COMPETITION TO END IN LUBBOCK AFTER MORE THAN 90 YEARS
  1. We want all our customers to know that your electric rates will not increase as a result of this new relationship. LP&L electric customers will continue to see low electric rates
    SOURCE: Knowledge Problem 1 month ago
  2. It’s natural for LP&L to pick-up the Xcel retail electric service, since the City of Lubbock already provides utility service to all the properties in Lubbock
    SOURCE: Knowledge Problem 1 month ago
  3. The duplication of retail electric service in Lubbock has not been efficient, and we believe we can best serve Lubbock and our other Texas retail customers by only providing the low-cost wholesale electricity to LP&L
    SOURCE: Knowledge Problem 1 month ago
  4. Xcel Energy customers in Lubbock will be served by LP&L, but Xcel Energy will continue to supply the wholesale power and transmission services.
    SOURCE: Knowledge Problem 1 month ago

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