LP&L Reaches Major Milestone

W.R. Collier, Chairman of the Lubbock Power & Light Electric Utility Board, announced at a press conference today that the utility had achieved a major milestone.  Collier said, “Today LP&L has good news to announce.  We have officially met our $50 million in reserves as mandated in the 2004 City Council ordinance that separated the management of LP&L from the city.  LP&L is back in the black and financially stable once again.”

The reserves were met while LP&L was charging the lowest rates in the city and some of the lowest rates in the state.  The money will provide sufficient cash to meet current operational obligations, stabilize customers’ rates and pay the City of Lubbock the equivalent of a franchise fee. 

http://www.lpandl.com/News/2009/Good%20News%20For%20Lubbock.htm

How to Read Your Electric and Water Meter

Never question another electric or water bill again.  Lubbock Power and Light (LP&L) is making you the expert when it comes to reading your LP&L electric meter and City of Lubbock water meter.

LP&L has placed educational videos on their Web site at www.lpandl.com explaining how to read your LP&L electric meter and City of Lubbock water meter.  In the video, Tracy Rollins, the meter reading supervisor for LP&L, demonstrates how to read both meters in only five minutes.

http://www.lpandl.com/News/2009/How%20To%20Read%20Your%20Meters.htm

LP&L Saves $71,000 In One Year

http://www.lpandl.com/News/2009/LP%26L%20Saves%20$71,000%20In%20One%20Year.pdf