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Home > Company Index > Utilities > Diversified Utilities > Lower Colorado River Authority

Lower Colorado River Authority
 PROFILE
The stars at night are big and bright, but Texans in 58 counties still need electricity from the Lower Colorado River Authority (LCRA). The utility provides electricity to 44 wholesale customers, comprising 10 electric cooperatives and 33 towns, through the use of hydroelectric, gas, coal-fired, and wind-powered generators with a capacity of about 2,390 MW. Its 13 water and wastewater facilities provide services for 86,000 customers in seven counties. LCRA operates six dams and monitors the water quality of the resulting Highland Lakes. LCRA's revenues, about 90% of which are from electricity sales, provide funding for its parks program (40 recreation areas, an archaeological center, and a science laboratory).

 COMPETITION
Austin Energy (dossier)
Brazos Electric Power Cooperative, Inc. (dossier)
El Paso Electric Company (EE)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 537.60
1-Yr. Sales Growth: 18.3%
Employees: 1,724
Revenue per employee: $311,832.95

 KEY PEOPLE
• Joseph J. Beal
    CEO
• John Meismer
    CFO

 CONTACT INFO
3700 Lake Austin Blvd.
Austin, TX 78703
US
Phone: 512-473-3200
Fax: 512-473-3298
Online: Web Site

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