LP&L announced on their Facebook page around 4 o’clock today the closing of their Southwest Lubbock branch at 82nd and Slide in the Lowe’s Market. LP&L says the branch is being closed due to circumstances beyond th
The utility says that they contacted federal authorities to express their desire to cooperate fully in any inquiry, and “federal authorities could not confirm nor deny any investigation and to this date LP&L is unaware of any official investigation by federal authorities of LP&L."
The group touts the Electric Utility Board’s recommendation to pay off $5,640,000 of debt with high financing costs, and the Lubbock City Council approved redeeming certain outstanding obligations with higher interest rates.
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