LP&L board member explains rate increases

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Updated: 8/08/2013 2:02 am
The outrage following the release of June LP&L Bills has simmered down just a bit. But LP&L continues to sort out confusion that caused some of the outrage.

LP&L board member, Dwight McDonald, said it was unfortunate that the power purchase pass through and rate increase hit customers all at once. But he said the hike was something that had to be addressed as Lubbock approaches its 2019 deadline to have a new source of energy.

"In 2009 our reserves were at 100 million dollars. They've now been drawn down to 43 million dollars. You cannot continue to draw down your reserves when you have a huge project coming up in 2019, that has to be online in 2019." McDonald said.

McDonald added, even with the increase and power purchase added onto bills, LP&L customers still pay about four cents per kilowatt hour less than customers in deregulated cities. He also said the board should have better communicated the changes and members have tried to be more active in relaying information to customers.
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Liberty Seeker - 8/7/2013 9:05 PM
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I agree that that LP&L should have "better communicated" withe the people. Publicly stating that the average bill would be going up about 7 dollars, and then charging them a Hundred Dollars more is horrible communication from BOTH LP&L and the city council. Unfortunately, I expected the person who is a member of the LP&L board and the council to give only fiction to the people, but a 13 fold increase beyond his claim was unexpected, even for one who knows he is incapable of telling us the truth. Lubbock power corrupts. Lubbock Power and Light corrupts absolutely.
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