Local TV news coverage of the proposed end of 90+ years of electric competition in Lubbock

Michael Giberson I was interested when one of the local news shows  ended their 6 o’clock news segment yesterday on the proposed purchase of Xcel’s Lubbock electric system by Lubbock Power & Light by saying, “Coming up tonight on NewsChannel 11 at ten we hear from an economist and teacher who tells us the other … More Local TV news coverage of the proposed end of 90+ years of electric competition in Lubbock

What the FPL 2009 3Q earnings call transcript says about the Texas retail market

Michael Giberson Seeking Alpha has begun publishing transcripts of quarterly corporate earnings calls. Typically these calls are discussions presented by the CEO and other corporate officers followed by Q&A with financial analysts.  The calls offer a more “inside look” at company operations than you get from reading newspaper or magazine stories or even trade press.  … More What the FPL 2009 3Q earnings call transcript says about the Texas retail market

The (soon to be revised) history of electric competition in Lubbock

Michael Giberson The city of Lubbock Texas has had two competing electric power companies since 1917.  If a just announced deal goes through, competition will be eliminated. The new “official story” is that competition produced inefficiency, but this view is in stark contrast to old “official story” as told in the “The History of Lubbock … More The (soon to be revised) history of electric competition in Lubbock