The Lubbock City Council heard from Lubbock Power & Light management staff Tuesday about its rates that will take electric customers to the Fall of 2023 and the distribution rates it will charge after the transition to the retail electric market.
The state power grid operator has been run by an interim chief since the previous CEO was fired following the deadly 2021 winter storm that crashed much of the grid.
While wind farms in the region could help power and lower energy costs for at least 9 million homes, significant infrastructure upgrades would be needed to supply electricity from the region to other parts of the state.
The Electric Reliability Council of Texas is asking residents and businesses to voluntarily conserve power Monday afternoon into the evening due to the extreme heat.
Now that some of Lubbock Power & Light’s customers have migrated to the ERCOT grid, City Council can start considering bringing electric competition back to Lubbock. LP&L presented a path forward to council members Tuesday.
Electric utilities in Texas are facing a December 1 deadline to comply with “winter weather readiness recommendations” after the Public Utility Commission adopted new rules in October to require weatherizing of power infrastructure.
The Electric Reliability Council of Texas says Texans’ conservation efforts and “changes in procedures and processes” prevented rotating outages Monday, in a time of record-breaking power demand.
The Electric Reliability Council of Texas (ERCOT) is asking Texans to reduce electric use as much as possible today through Friday, June 18. A significant number of forced generation outages combined with potential record electric use for the month of June has resulted in tight grid conditions.
Governor Greg Abbott today signed Senate Bills 2 and 3 into law to reform the Electric Reliability Council of Texas (ERCOT) and weatherize and improve the reliability of the state’s power grid.
LP&L’s Electric Utility Board and the Lubbock City Council approved a $77.5 million buyout on Thursday, terminating LP&L’s 25-year contract with Southwestern Public Service.
The transition of about 83,000 Lubbock Power & Light customers to the ERCOT grid over the Memorial Day weekend will be uncommon for the Electric Reliability Council of Texas but officials tell KCBD everything is going according to plan.
“Everything is on track,” LP&L Spokesperson Matt Rose said. “Everything is kind of set in place. We’re ready to go forward with this. These final two weeks, we’ll be making sure that customers know what they can expect.”
There is less than a month left before Lubbock Power and Light joins the ERCOT grid. Only 70 percent or about 83,000 customers will be part of the initial switch that will take place Memorial Day Weekend.
Lt. Gov. Dan Patrick on Thursday pleaded for Gov. Greg Abbott to take executive action on reversing billions of dollars in charges for wholesale electricity during last month’s deadly winter storm after the Texas House adjourned for the week without taking up the issue.
Senate Bill 2142, sponsored by state Sen. Bryan Hughes, R-Mineola, had not even been filed when the day started Monday, but lawmakers suspended their rules to hastily push it through a Senate committee.
Texas’ utility regulator had an opportunity Friday to eliminate some of the $16 billion that the state’s grid operator erroneously overcharged power companies during last month’s deadly winter storm — but the board of the Public Utility Commission chose not to do so.
The Electric Reliability Council of Texas made a $16 billion error in pricing during the week of the winter storm that caused power outages across the state, according to a filing by its market monitor.
The board overseeing the Electric Reliability Council of Texas, the independent nonprofit entity that operates and manages the electricity grid that covers much of Texas, fired ERCOT CEO Bill Magness Wednesday night.
The storm, which killed dozens around the state, is expected to be the costliest natural disaster in Texas’ history, even costlier than Hurricane Harvey, which inflicted $125 billion in damage. It is still too early to tally the total cost of the destruction.
On Tuesday, four ERCOT board members including Chair Sally Talberg and Vice Chair Peter Cramton, resigned from their positions. Meanwhile, Lubbock is still on schedule to join the power grid system this summer.
Sally Talberg, board chair; Peter Cramton, vice chair; Terry Bulger, finance and audit chair; and Raymond Hepper, human resources and governance committee chair, will resign at the end of the ERCOT board meeting Wednesday morning, according to the notice.
Texas Lt. Governor Dan Patrick was in Lubbock on Monday, offering his explanation for failure of the ERCOT power grid, promising to seek more answers in a series of hearings that will begin this week.
Lubbock Power & Light (LP&L) is aware of statewide media reports regarding unusually high electric bills due to the winter storm. Due to how LP&L rates are structured and approved by the Lubbock City Council, LP&L customers are not subject to the short-term fluctuations in electric rates referenced
Gov. Greg Abbott said he and other state leaders are working fast to find solutions for homeowners and renters facing steep electricity bills after a winter storm left many Texans without power for days.
The decision to pursue integration in ERCOT was made due to benefits the ERCOT market could provide to our customers that could not be achieved if we were to remain in the Southwest Power Pool.
We are less than four months out from Lubbock Power & Light flipping the switch and joining the Electric Reliability Council of Texas [ERCOT]. The city has spent years updating its infrastructure in preparation and has already spent $200 million so far.
Lubbock Power & Light will join the Electric Reliability Council of Texas grid on June 1, 2021. Ahead of the move to ERCOT, LP&L is in the midst of a $300 million project to build the lines to connect to the grid and improve the city’s infrastructure.
The summer of 2018 has caused a record demand for energy across Texas and the grid managing about 90 percent of the state's power will add Lubbock's demand in a few years.
The Public Utility Commission of Texas (PUCT) has set the path for the successful entry of Lubbock Power & Light to the Electric Reliability Council of Texas (ERCOT).
Lubbock will take another step towards switching the majority of its customers to the ERCOT power grid on Thursday night, if city council approves terms of admittance the city expects to propose to the Public Utility Commission.
Lubbock Power & Light has initiated the formal application process to join the Electric Reliability Council of Texas. This comes after LP&L submitted an application with the Public Utility Commission of Texas, focusing on the impacts of LP&L disconnecting from the Southwest Power Pool and connecting instead to the the ERCOT system. This filing follows 2 years of extensive research by many different stakeholders on whether or not the City of Lubbock sh...
LP&L is facing a June 2019 deadline to leave Xcel Energy and switch over to the ERCOT power grid, but what will it mean for customers when that contract expires?
While the Electric Utilities Board says this proposal could save LP&L $20 million per year, it caused concern for Lubbock County Commissioners at their budget hearing Wednesday.
th EUB members and council using phrases like "historic meeting" and "huge for Lubbock" the Lubbock City Council and Lubbock Power & Light's Electric Utility Board met Thursday afternoon to announce Lubbock's strategy for providing power for 2019 and after.
The Public Utility Commission today authorized the Electric Reliability Council of Texas known as ERCOT, the power grid that that serves 90% of Texas, to explore a relationship with the city of Lubbock.
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