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GOOD NEWS
WITH LP&L
YOU HAVE THE POWER! |
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In the 2008-2009 Fiscal Year LP&L contributed
$5,000,000 to the City of Lubbock in Franchise
Equivalent Fees
$1,000,000 in Electric Rebates to electric
customers
$1,120,000 in Electric Discounts to electric
customers
= $7,120,000 back into Lubbock in 2008-09 |
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Municipal utilities in Texas are large and small, urban and
rural, and located across the state. They range in size from City Public
Service of San Antonio (the largest municipal utility) to the City of
Goldsmith (the smallest). Together municipal utilities provide electric
service to over 3 million Texans (nearly 15% of the state's retail electric
customers).
Municipal
utilities are successful
 and
provide value to the communities that they serve. They are locally owned and
locally governed, with rates and utility policies set by city councils or
citizen boards. On average, municipal utility rates are among the lowest in
the state. In addition, municipal utility revenues stay in the local
community, helping to keep other taxes lower. A portion of utility revenues
are dedicated to fund general municipal government - services like public
safety, parks and libraries.
(from the Texas Public Power Association)
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Texas Average
Residential Home
Bill Amounts
(Using 1000 kWh) |
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January-09 |
February-09 |
March-09 |
| Municipally Owned Electric Companies |
Lubbock |
LP&L |
$ 94.42 |
$ 94.42 |
$ 77.99 |
| San Antonio |
City Public Service |
$ 82.13 |
$ 91.38 |
$ 90.28 |
| Austin |
Austin Energy |
$ 90.38 |
$ 90.38 |
$ 90.38 |
| Investor Owned Electric Companies |
El Paso |
El Paso Electric |
$ 126.48 |
$ 126.48 |
$126.48 |
| Houston |
Reliant Energy |
$ 157.24 |
$ 160.92 |
$154.44 |
| Dallas |
TXU Energy |
$ 166.47 |
$ 161.49 |
$161.49 |
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April-09 |
May-09 |
June-09 |
| Municipally Owned Electric Companies |
Lubbock |
LP&L |
$ 77.99 |
$ 77.99 |
$ 85.61 |
| San Antonio |
City Public Service |
$ 82.20 |
$ 82.96 |
$ 89.55 |
| Austin |
Austin Energy |
$ 90.38 |
$ 99.38 |
$ 99.38 |
| Investor Owned Electric Companies |
El Paso |
El Paso Electric |
$ 126.48 |
$ 118.17 |
$123.17 |
| Houston |
Reliant Energy |
$ 160.85 |
$ 142.24 |
$142.24 |
| Dallas |
TXU Energy |
$ 161.49 |
$ 143.21 |
$135.21 |
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July-09 |
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| Municipally Owned Electric Companies |
Lubbock |
LP&L |
$ 85.61 |
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| San Antonio |
City Public Service |
$ 104.11 |
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| Austin |
Austin Energy |
$ 99.38 |
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| Investor Owned Electric Companies |
El Paso |
El Paso Electric |
$ 123.17 |
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| Houston |
Reliant Energy |
$ 137.24 |
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| Dallas |
TXU Energy |
$ 135.21 |
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* Non-LP&L
data from
http://www.puc.state.tx.us/electric/rates/RESbill.cfm and
http://www.puc.state.tx.us/electric/rates/NCrate/index.cfm
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Local
Control
• LP&L is a municipally
owned electric utility and it is part of the
municipal corporation, the City of Lubbock.
• LP&L's rates / policies are set
by a
citizen governing board.
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A portion of LP&L's proceeds help
to fund local government.
Low
Rates
• Local cost scrutiny and a
not-for-profit motive have made municipally
owned electric utilities the
benchmark for the industry.
• In Texas,
municipally owned electric utilities' rates
on average are lower than private investor owned utilities in all applicable categories.
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Texas Cities Who Have Municipal
Owned Electric Utilities
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Austin
Bartlett
Bastrop
Bellville
Boerne
Bowie
Brenham
Brady
Bridgeport
Brownfield
Brownsville
Bryan
Burnet
Caldwell
Castroville
Coleman
College Station
Cuero
Denton
Electra
Farmersville
Flatonia
Floresville
Floydada
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Fredericksburg
Garland
Georgetown
Giddings
Goldsmith
Golthwaite
Gonzales
Granbury
Greenville
Hallettsville
Hearne
Hemphill
Hempstead
Hondo
Jasper
Kerrville
Kirbyville
LaGrange
Lampasas
Lexington
Liberty
Livingston
Llano
Lockhart
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Lubbock
Luling
Mason
New Braunfels
Newton
Robstown
San Antonio
San Augustine
San Marcos
San Saba
Sanger
Schulenburg
Seguin
Seymour
Shiner
Smithville
Timpson
Tulia
Waelder
Weatherford
Weimar
Whitesboro
Yoakum
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Municipally Owned Electric Utilities (LP&L)= LOWER RATES +
COMMUNITY VALUE
OWNERSHIP: Customers are owners.
MISSION: Low rates and community
value. Policies responsive to the community.
GOVERNANCE: Local governance,
not state regulation.
FINANCE: Publically financed.
Funded by utility revenues, not taxes.
UTILITY PROCEEDS: A portion of
utility revenues support municipal government.
Proceeds stay in the community.
A Significant Part of the Market
NO. OF UTILITIES TEXAS MARKET
Texas Retail Customers
Municipals 73 Municipals 15%
Co-ops 85 Co-ops 14%
IOUs 10 IOUs 71%
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