On Tuesday, May 24, Xcel Energy filed a request with the Federal Energy Regulatory Commission for what could be termed a “break-up fee” with Lubbock Power & Light.

LP&L has proposed moving 70 percent of its retail electric load to ERCOT as soon as June of 2019.

If LP&L decides to leave the Southwest Power Pool for ERCOT, the Electric Reliability Council of Texas, Xcel would lose one of its largest retail customers in the region.

Xcel is seeking to recover costs of transmission infrastructure improvements the company made while delivering power to LP&L. Xcel Energy estimates the interconnection switching fee to LP&L to be $88.7 million and is asking the feds to rule on their request by September.

LP&L is refuting all of the claims made by Xcel at this time.