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Story last updated at
12:59 a.m.
Friday, April 23, 2004
Electric switch: Xcel rate boost to give LP&L price edge
Council adopts rules for watering lawns
By JOHN FUQUAY
AVALANCHE-JOURNAL
In a reversal of Lubbock's electric utility rates a year ago, Lubbock
Power & Light soon will be the lowest-priced power provider in town, followed by
rival Xcel Energy.
In another utility matter, Lubbock water customers will violate a city
ordinance if they water their lawns between 10 a.m. and 6 p.m., beginning May 1.
LP&L chairman Carroll McDonald said Thursday that when an Xcel rate hike
takes effect May 1, the investor-owned utility will be $1.02 higher than
city-owned LP&L for a base level of power.
Xcel will charge $78.73 for 1,000 kilowatt hours of typical residential
usage, McDonald said, compared with $77.71 for the same amount of power from
LP&L.
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Lubbock Power & Light, a
municipally owned entity of the City of Lubbock is separately governed by an
Electric Utility Board appointed by the Lubbock City Council. LP&L has
approximately two hundred employees working toward generating and
distributing electrical service for the citizens of Lubbock, Texas. LP&L
distributes over 85,000 monthly utility statements for electric, water,
sewer, solid waste and storm water services. LP&L serves over 70% of the
electric market in Lubbock, Texas.
Media: Chris Sims (806) 775-2502
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