Michael Giberson In January I mentioned that a municipal utility agency created as a kind-of public-private partnership between the West Texas Municipal Power Agency and Republic Power Partners was taking off in an unexpected direction and leaving more than a few locals wondering what was going on. In brief, High Plains Diversified Energy Corporation, the … More Future of Lubbock’s power supply efforts heads to court, with Lubbock citizens paying lawyers on both sides of case
Michael Giberson Some regional power business developments have a few people in the area scratching their heads and wondering what is going on. An excellent article in Sunday’s Lubbock Avalanche-Journal explores the issue, yet still leaves local readers wondering what a quasi-public company is up to on our behalf. In brief, High Plains Diversified Energy … More Investors using municipal power company borrowing to maximize private returns?
Michael Giberson Cities have taxpayers and monopoly utility companies have ratepayers. When the city owns the utility, the taxpayers are – more or less – the same group of people as the ratepayers. In this case, does it matter which group pays how much for what? Should, for example, the municipal utility buy vehicles for … More Taxpayers, ratepayers, city government, municipal utilities
Michael Giberson Last week the Lubbock city council approved a plan to direct municipal utility Lubbock Power and Light to pay the cost of operating and maintaining the city’s street lights (see earlier post). This week the municipal utility fights back: “LP&L ready to fight city on street light money.” The Lubbock Power and Light … More Lubbock’s municipal utility fights city hall
Michael Giberson For a number of years, state law in California has permitted cities or counties to arrange to become the electric power service provider for their areas – an arrangement where they would be responsible for acquiring the electric energy needed for consumers in their areas while the local utility would continue to operate … More PG&E spending big to protect its monopoly against municipal aggregation