LCRA commits $1.8 billion for power, water and broadband as Texas continues to grow

AUSTIN — The Lower Colorado River Authority approved its largest investment plan to date Wednesday, committing $1.8 billion in capital investments and a $656 million operating budget for fiscal year 2027 to support Texas’ growing demand for electricity, water and broadband infrastructure.

The plan comes as Texas continues to lead the nation in population growth and job creation.

LCRA, which manages the lower Colorado River and the six Highland Lakes, provides wholesale electricity to Central Texas cooperatives and small towns and operates one of the state’s largest transmission networks.