LP&L vs. Xcel: Who really gives you the best price? - KCBD NewsChannel 11 Lubbock

3/5/09

LP&L vs. Xcel: Who really gives you the best price?

LUBBOCK, TX (KCBD) - In the past few days, the leading local power companies, Lubbock Power & Light and Xcel Energy, announced competing price cuts. Now, NewsChannel 11 puts them head to head.  

So who really has the lowest rates in town for a residential customer inside the city limits who uses 1000 kilowatt hours a month during March? We also asked for June because rates and fuel surcharges for both companies are about to change.

With Xcel, your March bill for 1,000 kwh is $83.11. That same bill with LP&L is $82.91. LP&L is lower by 20 cents.  

Fast forward to June and your June bill (1,000 kwh) with Xcel is $100.53. That same bill with LP&L is $100.29 cents. LP&L is 24 cents cheaper.  

So there you have it. The bills are nearly identical with not even a full one percent difference between the two.

March Bill, 1,000 kwh

Xcel $83.11
LP&L $82.91

LP&L Wins By 20 cents

June Bill, 1,000 kwh

Xcel $100.53
LP&L $100.29

LP&L Wins By 24 cents

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