{"id":258985,"date":"2026-04-21T04:46:15","date_gmt":"2026-04-21T04:46:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/258985\/"},"modified":"2026-04-21T04:46:15","modified_gmt":"2026-04-21T04:46:15","slug":"georgetown-to-invest-332m-in-electric-utility-in-response-to-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/258985\/","title":{"rendered":"Georgetown to invest $332M in electric utility in response to growth"},"content":{"rendered":"<p>\t\t\t\t\t\t\tGeorgetown officials outlined a $332 million capital improvement plan for its <a href=\"https:\/\/www.georgetowntexas.gov\/utilities\/customer_care\/utility_rates\/index.php#collapse9920b0\" rel=\"nofollow noopener\" target=\"_blank\">electric utilities<\/a> infrastructure at an April 14 City Council workshop, including constructing an Electric Utility Operations Center in the coming years.<\/p>\n<p>About the plan<\/p>\n<p>The operations center building alone accounts for 16% of the utility&#8217;s five-year CIP, according to city documents. The project includes identifying a site and purchasing land in fiscal year 2026-27, and constructing the facility in FY 2027-28.<\/p>\n<p>The estimated cost for about 15 acres of land is $7.84 million, and it will cost the city approximately $52.5 million to design and construct the facility.<\/p>\n<p>Other projects include:<\/p>\n<p>$72.4 million for projects driven by customer growth and new development$57 million for capacity and upgrades in the electric plant$31 million for infrastructure relocation for road widenings$30.8 million for replacementsExplained<\/p>\n<p>Georgetown\u2019s electric utility team looks at the five-year CIP at least once a year because of the growth and increased utility customer demand the city is experiencing, Electric Utility General Manager David Bethapudi said April 14.<\/p>\n<p>\u201cThe primary driver for the entire CIP plan and processes it the load forecast, which is the system growth that is driven by customer growth,\u201d Bethapudi said.<\/p>\n<p>What residents should know<\/p>\n<p>The utility already implemented a 2% rate increase at the start of <a href=\"https:\/\/communityimpact.com\/austin\/georgetown\/government\/2025\/09\/10\/georgetown-adopts-13b-budget-lower-tax-rate\/\" rel=\"nofollow noopener\" target=\"_blank\">FY 2025-26<\/a>. It anticipates no rate increases for the next three years.<\/p>\n<p>In FY 2029-30, customers can expect to see another 2% electric utility rate increase.\n\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Georgetown officials outlined a $332 million capital improvement plan for its electric utilities infrastructure at an April 14&hellip;\n","protected":false},"author":2,"featured_media":258986,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133,4519,97105,12268,97106,97107],"class_list":["post-258985","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-headlines","tag-austin-news","tag-city-council","tag-electric-utility","tag-georgetown","tag-utility-infrastructure","tag-utility-rates"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/258985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=258985"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/258985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/258986"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=258985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=258985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=258985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}