About Lower Colorado River Authority Investor Relations
This is the investor website for the Lower Colorado River Authority (LCRA). For bondholder convenience, we have created separate sites for two different debt programs: the Lower Colorado River Authority debt program and the LCRA Transmission Services Corporation debt program. Please use the drop-down menu for details for each debt program.
LCRA's mission is to enhance the quality of life of the Texans it serves through water stewardship, energy and community service. LCRA generates revenue from its core operations: electric generation, electric transmission and water. LCRA also operates through its Affiliates: the LCRA Transmission Services Corporation, the GenTex Power Corporation, and the LCRA Wholesale Energy Services Corporation.
LCRA is a conservation and reclamation district that covers the lower Colorado River basin of the State and was created by the State Legislature in 1934. The Colorado River originates in Dawson County in west Texas and flows about 600 miles in a southeasterly direction until it reaches Matagorda Bay and the Gulf of Mexico, southwest of Houston. LCRA is a governmental entity and body politic and corporate of the State without taxing power. LCRA currently is authorized, among other things, to control, store, preserve, use, distribute and sell the waters of the Colorado River for useful purposes; to develop, generate, distribute and sell electric power and energy in all or parts of a 55 county service area of central Texas; to study, correct and control both artificial and natural pollution of the waters of the Colorado River within its boundaries; and to develop and manage parks and recreational facilities. In addition to providing electric generation within its 55 county electric service area, LCRA is authorized through the use of Affiliates to provide wholesale electric service and transmission service throughout the State.
Thank you for your interest in LCRA. Investments in our bond program help build and maintain critical public infrastructure that provides safe and reliable power, water and community services to communities throughout Texas. We are committed to maintaining strong bond ratings and being as transparent as possible with the investor community and public at large.
We hope you find this website useful as you seek to better understand LCRA’s credit fundamentals. Please do not hesitate to contact our office with questions or feedback.