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Lubbock is a region historically and geographically known as the Llano Estacado, and ecologically as part of the southern end of the High Plains, at the center of the Lubbock metropolitan area. It is home to an estimated 316,453 residents, making it the 11th most populous city in Texas. Founded in 1890 as a merger of Old Lubbock and Monterey, it was named for Colonel Tom S. Lubbock and became the county seat in 1891. The area lies in the northwestern region of Texas, lying some 120 miles (190 km) south of Amarillo.
Lubbock ranked 12th for the best places to start a small business according to CNN Money. The city has a traditional business atmosphere with low rent for commercial space, a central location, and a cooperative city government. No wonder Lubbock has earned its nickname, “Hub City”, for being the economic, educational, and health-care hub of the multicounty region commonly called the South Plains. Lubbock also takes pride with the largest contiguous cotton-growing region in the world.
Residents in this area have unique needs and challenges when it comes to electricity, and they need a reliable and trusted energy source that they can choose for affordable electricity plans.
The city of Lubbock is known for musical acts such as Buddy Holly and Waylon Jennings, fine dining, museums, a vibrant art and culture scene, but also for its friendly, warm atmosphere. A cultural center named for Buddy Holly has been built in the city, which is the birthplace of the rock and roll legend.
Lubbock households spend an average of $119 on electricity each month to power their homes. Lubbock’s average residential electricity rate is 13% less than the national average, or 11.49 cents per kWh. As a result of more users in Lubbock consuming electricity at an average of 1,035 kWh per month as opposed to only 877 kWh, Lubbock’s energy consumption is higher than the national average. There is an opportunity to save, however, as those living in Lubbock can take advantage of the deregulated electricity market and choose to receive electricity from a provider with rates that help to reduce the amount spent monthly.
The city of Lubbock utilities is a special case as Lubbock Power & Light (city-owned utility) is joining ERCOT in June 2021, but this does not mean that deregulation and electric choice will happen immediately. LP&L will be able to purchase electricity from other parts of Texas, which could result in lower electricity prices for its customers. LP&L is upgrading its transmission infrastructure to enable interconnection with ERCOT in preparation for this.
Lubbock residents will continue to purchase power from LP&L, while the company will continue to select power providers. This means that the city will have the option of choosing electricity, and that soon citizens may also have this power.
Payless Power provides the best “No Deposit” prepaid and standard electricity plans with no cancelation fees and no deposit in the state of Texas. Since 2005, Payless Power has been helping people in Texas get better energy rates and save money on their average electricity plans, regardless of income or credit history. As a family-owned energy provider and not one of the giant energy suppliers, we take great pride in serving our electricity customers with care and respect.
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Payless Power wants to be your Texas electric company.
Whether you live in a large city or small town, we can save you money with pay as you go electricity! Where do we provide Texas electricity? We service customers with no deposit electricity in more than 400 deregulated communities in Texas. We work with principal utilities throughout the state of Texas to provide prepaid electricity. The utilities are: Oncor in the Dallas / Fort Worth Metroplex and various parts of West Texas; CenterPoint Energy in Houston and the surrounding areas; AEP Central in Corpus Christi and surrounding areas; AEP North in Abilene and other North Texas communities.
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I was worried about getting electricity for my home through a prepaid company. I was calling around to see different rates then going through all the hassle of credit checks while dropping points each…
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I have enjoyed the service for 2 years now. In the beginning this service was planned to be temporary but with the service being so effective for me i decided to keep it for the long haul. I’m a happy customer.