JACKSONVILLE, Fla. – The JEA Board of Directors will hold a workshop Tuesday morning to discuss a proposed increase to electric, water and wastewater rates in fiscal years 2025 and 2026.
According to the board agenda memorandum, JEA is recommending rate and structure changes to “better align revenue to specific customer class cost recoveries.”
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The proposed rate adjustments would impact residential and commercial customers with a target effective date of April 1, 2025, according to JEA.
JEA said the proposed increase is below inflation.
Electric rate recommendations
An electric bill is based on the number of kilowatt-hours (kwh) that are used each month.
Under the proposed changes, the rate adjusted for a 1,000kwh bill would be approximately 3.6% higher. According to JEA, 59% of customer bills are at 1,000 kWh or less monthly.
Click here to learn how to determine your electricity usage.
Waste & sewer rate recommendations
JEA is proposing a 6% rate revenue adjustment for water and sewer for FY-2025 and a 4.2% rate revenue for FY-2026.
For a 3/4″ meter size, there would be an increase of $0.46 for sewer for FY-2025 and a $1.76 increase for FY-2026. According to JEA, 60% of residential sewer customers use this meter size.
Residential water rates would increase by $1.23 for a 3/4″ meter for FY-2025 and $0.56 for FY-2026.
Click here to read the full document with JEA’s electric, water and sewer rate recommendations.
Tuesday’s workshop will be held at 9 a.m. at JEA headquarters on North Pearl Street. The public is welcome to attend and comment on the proposed changes. For those providing public comments, a maximum time of 3 minutes per speaker will be allowed, JEA said.
After the workshop, the board will hold a meeting at 12 p.m.
According to JEA, this will be the initial discussion with the board, and various rate scenarios proposed may change between now and Jan. 18, when the board plans to call for a rate hearing.