Lubbock electricity prices have decreased slightly by 0.1¢ over the past 7 days for an average 1,000 kWh home. That’s about a $1/month savings for the average family. With 56 plans available ranging from 8.7¢ to 23.4¢ per kWh, the market is relatively stable. If you’ve been considering switching, a downward trend is typically a favorable time to lock in a rate.