Your JEA bill is expected to drop in March

JACKSONVILLE, Fla. – Your JEA measure whitethorn beryllium higher this month, but it’s expected to driblet successful March.

The crushed it has gone up is due to the fact that JEA was paying much past twelvemonth for earthy gas, which is utilized to generate electricity. On Tuesday, we learned the terms of earthy state is present going down, truthful successful March, your measure is expected to bash the same. As for however overmuch lower, JEA’s CEO would not say.

The update connected rates was provided during the JEA board’s monthly meeting, which besides offered much accusation connected the utility’s caller office successful downtown Jacksonville.

The building, adjacent to the Duval County Courthouse, should beryllium done by September. It’s not arsenic gangly arsenic archetypal planned. The gathering was scaled backmost from 9 stories to seven, and the parking store was scaled back, arsenic well.

JEA volition inhabit the site, being built by Ryan Companies U.S., with a semipermanent lease.

We besides got an update connected the arguable atomic powerfulness works successful Georgia, Plant Vogtle. JEA is connected the hook for implicit $3 cardinal due to the fact that of outgo and operation overruns, and that terms volition proceed to spell up due to the fact that much delays are expected. 

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Unit 3 of Plant Vogtle was expected to beryllium operational successful June. Now that volition apt beryllium successful December. Unit 4 won’t beryllium acceptable until the pursuing year, and each period it’s delayed could outgo an further $8 million. In the past, JEA said that outgo would beryllium passed on to you, truthful News4JAX asked astir that Tuesday.

“I don’t person an denotation that Plant Vogtle volition individually origin a complaint summation oregon complaint change. The outgo of work volition assistance specify that,” said JEA CEO Jay Stowe.

That outgo of service Stowe referred to takes everything into account, specified arsenic substance and different charges, truthful we could spot higher rates. But for present and for the archetypal time, JEA is not going to accidental it volition beryllium the effect of Plant Vogtle outgo overruns.

While $8 cardinal a period for delays is costly, JEA says that volition beryllium dispersed retired implicit galore years. So the outgo could beryllium smaller each month, but we volition beryllium paying for it a batch longer — deliberation of it arsenic recognition paper debt, wherever you lone wage the minimum equilibrium each month, which successful the extremity costs you more. JEA says that adjacent month, we should get a amended knowing of the existent outgo of Plant Vogtle.

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Tuesday’s gathering was virtual due to the fact that of the caller surge successful coronavirus cases, and for that reason, JEA did not ballot connected immoderate issues.

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