October 2017 Update
LP&L has initiated the formal application process to join the Electric Reliability Council of Texas (ERCOT).
The filing of Lubbock’s application with the PUC follows two years of extensive studies and research conducted by multiple stakeholders, including LP&L, to determine how Lubbock’s entry to the ERCOT electrical market would affect ERCOT, SPP and Lubbock ratepayers.
The results of these studies and workshop will help guide the process as the PUC determines if it is in the public’s interest to allow Lubbock to join over 90 percent of Texans currently in ERCOT.
LP&L customers will receive postcards in early October notifying them of the application filing, and there is a hearing currently set for Oct. 9, 2017, to establish the timeline and process for how the public interest case will proceed.
Customer Notification and Input
LP&L customers will receive postcards in early October notifying them of the application filing.
Customers who wish to intervene in or comment upon these proceedings should mail their requests to intervene or their comments (along with 10 copies of your letter) to the Public Utility Commission of Texas, P.O. Box 13326, Austin, Texas, 78711-3326 with reference to Docket No. 47576; all requests to intervene must be received by the Public Utility Commission by October 25, 2017.
Further information may also be obtained by calling the Public Utility Commission ator (888) 782-8477. Hearing- and speech-impaired individuals with text telephones (TTY) may contact the Commission at (512) 936-7136. All communications should refer to Docket No. 47576.
Advantages of Joining ERCOT
Provides affordable power.
- Eliminates the need to build an expensive power plant with estimated costs ranging from $350 to $700 million.
- Provides access to 550 generation units and over 1,100 active market participants that generate, sell, or transmit wholesale electricity.
- Allows us to buy the most cost effective power from the grid.
- Cuts our wholesale power costs by eliminating expensive fixed capacity charges
Assures diversified energy portfolio from Texas-based power plants.
- Provides full access to West Texas wind and a mix of conventional and renewable electric generation such as natural gas, solar and coal.
- Provides stability through having access to 550 generation units across Texas, avoiding dependence on one unit.
Simplifies the regulatory environment.
- Avoids regulation by the Federal Government (Federal Energy Regulatory Commission or “FERC”).
- Involves regulation by the Public Utility Commission of Texas and our Texas Legislature, not federal authorities.
- Unites Lubbock with the State of Texas through our connection to the statewide transmission system.