JEA customers to get $32 fuel credit

Published On: May 20 2014 03:03:03 PM EDT

The JEA Board of Directors on Tuesday approved a recommendation to refund about $26 million of its fuel reserve to customers by providing a fuel charge credit on bills in July.

The credit for the average residential customer will be about $32. All customers -- residential and commercial -- who have an active account in July will receive the credit.

Based on the guidelines of the JEA pricing policy, the current target of the fuel fund is about $95 million. The refund amount will bring JEA in line with that reserve target by September.

This one-time fuel credit came from JEA's savings on fuel costs because the price of natural gas was lower than expected. JEA said it is returning those dollars to its customers.


The views expressed below are not those of News4Jax or its affiliated companies. By clicking on "Post," you acknowledge that you have read the Terms of Service and your comment is in compliance with such terms. Readers, please help keep this discussion respectful and on topic by flagging comments that are offensive or inappropriate (hover over the commenter's name and you'll see the flag option appear on right side of that line). And remember, respect goes both ways: Tolerance of others' opinions is important in a free discourse. If you're easily offended by strong opinions, you might skip reading comments entirely.

blog comments powered by Disqus