JEA to discuss rate hikes, other issues during board meeting

JACKSONVILLE, Fla. – The JEA Board of Directors is set to discuss rate hikes for customers during a Tuesday morning meeting.

(Click the video player above to watch live at 11 a.m.)

Under the current proposal, the basic monthly charge and energy charge for residential customers would increase by 5% and 4%, respectively.

JEA said that based on fuel charge projections for April, this would represent a less-than-$1 increase in electric portions of the bill for 1,000 kWh of consumption.

JEA said its current fuel rate projections for the winter months are in the low-mid $40′s range, with a projected retreat during Spring 2024 to the low-mid $30′s range.

“Although JEA has worked hard to keep the proposed increase as modest and reasonable as possible for customers, we do understand that any residential rate increase is a greater burden for those least able to make ends meet,” a JEA spokeswoman told News4JAX.

If approved at JEA’s March 26 board meeting, rate increases would take effect April 1.