"Yesterday, ERCOT avoided emergency operations due to the conservation efforts by Texas residents and businesses, combined with timely rainfall in the Houston area, improved wind conditions, and additional grid reliability tools."
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.
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.
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 (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.
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.
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.
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.
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...