This editor requested an 18 month LP&L billing history from a resident of Lubbock who is a WT Free Press reader on 13th St.
Here's what the 18 month history reveals.
In July of 2012 LP&L had a base rate of 9 cents per kilowatt hour. In July of 2013 LP&L gouged that base rate by three cents to 12 cents per kilowatt hour. The fuel cost pass through was a mere one dollar per month increase. The "gouged" base rate has resulted in a $33 increase in electric rates for every $100 from 2012. Example, a $100 electric bill would be $133. A $200 electric bill in 2012 would become $266 in 2013. A $300 electric bill would result in a $399 electric bill. LP&L board and Lubbock City Council saw fit to enact a 33% increase in electric base rate from July of 2012 to July 2013. Very few utilities could get a 33% increase in any rate approved if the utility was seeking a rate increase from government regulators. LP&L is not a government regulated utility. The 33% increase was requested by LP&L board and approved by Lubbock City Council.
Shame On The "greedmasters" at LP&L and City Council!!
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