A Guide to Navigating the Deregulated Energy Market in Lubbock, Texas
ProSource Power, a leading energy broker in Texas, is gearing up to assist Commercial and Residential accounts in the Lubbock area as the county prepares to join
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Coming this fall, 2023, Lubbock, Texas, will be a part of the deregulated energy market. Which means that residents in Lubbock, Texas, will have the power to choose their energy provider. Lpandl will no longer be your only option. Allowing for competition to ensure electric reliability for the residents of Lubbock.
Power To Choose Electricity in Texas allows residents and businesses in most areas of Texas the power to choose their electricity provider. Which is also known as a deregulated energy market. A deregulated energy market provides competitive rates when selecting your electricity plan. This can also create a lot of energy plans to sort through.
At ProSource Power, we have hand-selected the best short- and long-term plans. Long-term plans allow you to lock in the best current rate in a market with a lot of uncertainty. For those of you new to the market and maybe not looking for a long-term commitment, our short-term plans are the perfect solution.
The kWh rate can vary based on the term of the plan (6 months–5 years); some require a deposit, but as your Broker, we should be able to work around any deposit requirements.
Since 2003, we have provided Energy Procurement and helped our customers save money. Serving residential and all business sectors including Government, Municipality, Commercial, Industrial, Hospitals & Medical Centers, Property Management, Retail, Schools, Multi-level Parking Garages, Parking Lots, and more.
Simply, input your zip code below and compare the best hand-selected rates for your area.
You are really shopping for the ENERGY portion of your electricity cost. The delivery charges on your bill are from Lubbock Power and are regulated, so that cost is determined bt the Texas Public Utility Commission.
The delivery charge on your invoice is for delivering the electricity to your business or home through the existing infrastructure of poles and wires.
The Energy charge is the charge from The Retail Electricity Provider and includes the electricity generation, transmission transport, line loss, etc. This is the portion of your bill that you will be shopping for the best rate.
It’s very difficult as many suppliers will not always include all costs. Always solicit a licensed electricity Broker to assist in determining the best solution for your business.
Electricity Brokers are typically paid by the supplier for their services.
No, that’s why ProSource Power, a licensed Broker and Aggregator in Texas, will always include ALL ENERGY CHARGES to their customers.
Zone pricing included all energy charges to your physical location. Hub pricing does not include all energy charges to location.
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