Deregulation Is Coming To Lubbock: Jan. 2024
When it comes to purchasing electricity, businesses located in Lubbock, Texas have been limited to purchasing their energy from just the local utility company–Lubbock Power & Light (LP&L).
Soon though, Lubbock businesses will have the abillity to select their energy provider and a plan that works best for their business.
Brokers like SAVANT help you get the lowest rate by creating competition.
How Does Deregulation Work?
POWER GENERATION
Energy REPs purchase power supply in the wholesale market to serve customers.
TRANSMISSION & DISTRIBUTION
Transmission & distribution companies like Lubbock Power & Light own the poles & wires that move your power from generation to meter.
YOUR HOME & BUSINESS
REPs invoice you for your electricity supply and provide customer care & other energy services to support your business.
BROKER'S GET REP'S TO COMPETE, LOWERING YOUR RATE.
