LP&L files application to disconnect from Southwest Power Pool

LP&L files application to disconnect from Southwest Power Pool

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LUBBOCK, Texas -

You should be getting a notice in the mail from LP&L, talking about its move to the Electric Reliability Council of Texas.

It's just informational, you don't have to do anything with it.

Here's what's going on:

The utility's filed an application with the Public Utility Commission to start its case to disconnect from the Southwest Power Pool.

"The ERCOT market is an energy-only market, which means that we don't have to pay for high, fixed-capacity costs or demand charges as part of the ERCOT market," said David McCalla, director of electric utilities. "That's where we think we can realize a lot of savings that can be passed on to our electric customers."

LP&L will be working with the Utility Commission to hammer out all the details. It's expected to get voted up or down early next year.

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