Gov. Greg Abbott To CEOs: Texas Legislature Committed To Fixing Power Grid
1 Apr 2021
News
AUSTIN —Texas is addressing power, water, broadband and transportation infrastructure to ensure it can support rapid growth in the future, Gov. Greg Abbott assured global business decision-makers Wednesday at a fireside chat sponsored by the Texas Economic Development Corp.
The primary infrastructure issue facing Texas today is the electrical grid, said TxEDC President and CEO Robert Allen, who hosted the fireside chat. The 87th Texas Legislature is considering bills that would address issues that crippled the grid during February’s catastrophic winter storm. Allen asked Abbott what message he has for CEOs thinking about relocating to Texas to allay their concerns about the reliability of the state’s electricity grid.
“The message is clear and that is: We are not going to end this legislative session without ensuring that all the laws are passed that needed to be passed to ensure that we never go through an episode like this again,” Abbott said.
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Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.