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.
To help conserve electricity, use large appliances in the morning or late in the evenings, and ensure that home and business air conditioner filters are clean, as well as turning off unneeded lights, computers, and appliances.
Lubbock Mayor Glen Robertson joined Lubbock's First News Friday morning to recap the first regular night meeting of the City Council. Robertson talked about LP&L, the city tax rate and more with Chad Hasty and Rex Andrew.
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