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LCRA exists to serve the people of Texas. It’s been that way since the state Legislature created us in 1934. We continue that legacy today by providing a multitude of vital services to our customers and communities. Our mission is to enhance the quality of life of the Texans we serve through water stewardship, energy and community service. LCRA produces and delivers electric power, manages the lower Colorado River and provides a reliable water supply, manages a public parks system and supports community development. We are funded by revenue we generate, the vast majority of which comes from generating and transmitting electricity. A very small portion of our revenue comes from selling water. We do not receive state appropriations or have the ability to levy taxes. We have deep roots in Texas, dating as far back as the Great Depression of the 1930s. We built the chain of dams that tamed the Colorado River and brought power to rural Central Texas for the first time.

LCRA Questions

The LCRA annual revenue was $1.4 billion in 2026.

Randa Stephenson is the Chief Operating Officer, Wholesale Power of LCRA.

1,499 people are employed at LCRA.

LCRA is based in Austin, Texas.

The NAICS codes for LCRA are [22, 221].

The SIC codes for LCRA are [491, 493, 49].

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