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Update: Stakeholders Work On Alternate Shopping Window For Lubbock Transition Given Expected Delay
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During a recent meeting of the Lubbock Retail Integration Task Force (LRITF) at ERCOT, stakeholders discussed adjusting the Lubbock Power and Light shopping window, given the expected delay in Lubbock Power and Light's implementation of retail electric choice due to a recent FERC order.
As previously reported by EnergyChoiceMatters.com, Lubbock Power & Light and ERCOT recently filed a joint update with the Texas PUC stating that LP&L and ERCOT anticipate that a recent FERC order, "will result in a delay of both the integration of the remaining [LP&L] load [into ERCOT] and LP&L's transition to retail competition."
See more background on the FERC issue in our prior story here. Rather than accepting a filed agreement between LP&L and Southwestern Public Service Company (SPS) concerning LP&L's final integration into ERCOT, FERC set the matter for hearing and settlement judge procedures
The Lubbock Retail Integration Task Force reviewed the retail choice transition timeline and heard two proposals to address any delay, to the extent the FERC matter is resolved quickly through a settlement.
Originally, an open shopping window was contemplated to occur this summer at LP&L, prior to the implementation of retail choice in the fall, with customers not making a choice assigned to one of the previously selected default REPs
Under one proposed timeline, there would be a Nov-Dec 2023 shopping window with a January 2024 transition to choice
Under a second proposed timeline, there would be Jan-Feb 2024 shopping window with a March 2024 transition to choice
According to notes from the task force, the "market" preferred the March 2024 transition.
However, the task force was also told that, if a settlement of the FERC issue is not reached and a hearing is required at FERC, the delay in the transition to retail choice may be a "multi-year" process.
LP&L will provide an update at the next LRITF meeting later this month
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Task Force Told Delay Could Be "Multi-Year" Depending On FERC Process
May 16, 2023
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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