Claiming it’s owed nearly $5 million for work performed in Puerto Rico after Hurricane Maria destroyed the island’s power grid, JEA filed a lawsuit against a company contracted by the island’s electric authority to restore the island’s infrastructure.
Listen to the full City Council workshop meeting on JEA
City Council has the ultimate power to ask residents to sell JEA, but there was some debate at City Hall on Wednesday about whether legislation must be put forth for consideration once JEA leadership wraps its invitation to negotiate process, which will likely be early next year.
ByChristopher Hong - The Florida Times-Union•Nov 6, 2019
JEA is not heading toward a financial “death spiral,” and city leaders need to stop the public utility’s “head-long” rush to privatize in order to conduct a thorough and transparent analysis of whether to sell the city’s most valuable asset, according to a letter the Jacksonville Civic Council sent Tuesday to city officials.
ByMarcia Heroux Pounds - South Florida Sun Sentinel•Nov 5, 2019
Hear this story airing on 89.9 FM WJCT.
In a surprising move, the Florida Public Service Commission on Tuesday kept energy-conservation goals set in 2014, rather than slash goals to “zero” as proposed by JEA, Florida Power & Light Co. and other electric utilities.
JEA’s Oct. 23 deadline to cancel its lease agreement with Ryan Companies US Inc. for a proposed Downtown headquarters is near, but a memo from Managing Director and CEO Aaron Zahn says the utility is continuing to plan for the project.
ByJim Piggott and Steve Patrick - News4Jax•Oct 7, 2019
The bids of 16 companies interested in buying Jacksonville's city-owned electric and water utility - or any piece of it - were opened Monday, but it may be months before we know who the bidders are or how much they are willing to pay for the JEA.
ByDavid Bauerlein- The Florida Times-Union•Sep 24, 2019
The JEA board on Tuesday unanimously approved contracts with all five unions representing JEA employees, giving some assurance that if there is a privatization deal for the utility, employees would get enhanced pension benefits for their retirement nest eggs and retention bonuses for continuing to work with the utility in the face of career uncertainty.