Lubbock Power & Light (LP&L) and Southwestern Public Service (SPS), a wholly owned subsidiary of Xcel Energy, announced the signing of a purchased power contract providing 400 megawatts of capacity and energy scheduling beginning on June 1, 2019 and extending through May 31, 2021.

The new contract replaces an expiring contract for total requirements service

With the new contract, LP&L will acquire capacity and energy supply through a 170-megawatt partial-requirements wholesale contract signed with SPS in 2010; a 100-megawatt wind contract through its membership with West Texas Municipal Power Agency; 114 megawatts of LP&L-owned generating plants; and the new 400-megawatt transition contract signed with SPS.

Lubbock Power & Light continues to seek integration into ERCOT, but executed the new contract with SPS when it became apparent such integration would not occur by June 1, 2019

Tags:
Texas   ERCOT   Lubbock Power & Light  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Head-of-Retail-Operations -- Wholesale Supplier/Trader -- Other
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
Company Seeks Texas PUC Approval For 'HVDC' Converter Facilities Connecting ERCOT With WECC Grid
ENGIE Files Complaint Against ERCOT '
Energy Shopping Site Names 2021 'Best Texas Electricity Providers'
Texas Retail Provider Named 'Best Electricity Company In Houston'
Release: 'Most Trusted Brands' Among Texas Retail Electric Providers Named