LUBBOCK, Texas (KCBD) - Lubbock Power and Light is set to begin receiving its full transmission revenue in January 2027, marking the end of a five-year period during which the utility withheld a portion of those funds to offset costs for ERCOT ratepayers statewide.

Discussions about LP&L joining the Electric Reliability Council of Texas grid began in 2015.

At that time, studies found that while LP&L and Southwest Power Pool customers would benefit financially from the move, the transition carried a small added cost for ERCOT customers across Texas.