LUS Fiber Receives Another Favorable Audit

The Louisiana Public Service Commission today released results of an audit of LUS Fiber that included the fiscal years 2011 and 2012. Those results were positive as were previous audits covering the years of 2008, 2009 and 2010. This marks five years of favorable Public Service Commission audits for LUS Fiber.

The audit stated,

The accounting, billing and cost allocation systems that LUS has in place provide a sufficient level of detail to verify compliance with the cost assignment and allocation principles and the Code of Conduct approved by the LPSC.

LUS Fiber Director Terry Huval said,

LUS Fiber continues to comply with all the legal requirements and is successfully growing it's business each year...Our high quality service remain cutting edge and are offered at very competitive prices. We are continually launching new products to better serve our customers.

Within the last several months three major technology companies have announced moves to Lafayette that will create a total of over 1,000 new jobs with overall annual wages exceeding $60,000,000.