Newspaper article The Florida Times Union

Electric Bills Will Go Up in November; JEA Rate Hike Will Be Its First in 14 Years

Newspaper article The Florida Times Union

Electric Bills Will Go Up in November; JEA Rate Hike Will Be Its First in 14 Years

Article excerpt

Byline: David Bauerlein, The Times-Union

JEA customers will pay more for electricity come November, adding about 5.5 percent to the average residential bill.

The JEA board on Tuesday approved the Jacksonville-owned utility's first rate increase in 14 years. JEA rates will still be the lowest for major utilities in Florida and among the lowest across the Southeast, according to a JEA survey of other cities.

The average residential customer using 1,200 kilowatthours a month would pay $94.35, compared to $89.42. The increase will take effect Nov. 1.

JEA officials said the rising cost of fuel used in electric generating stations necessitated the rate increase. The utility's cost of buying coal and petroleum coke -- which is a by-product of oil refining --have been stable, but natural gas and oil have spiked since 2000, according to JEA.

JEA's electric service territory covers 380,000 customers in most of Duval County except for Jacksonville Beach and Neptune Beach, plus northwest St. …

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