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A.G. GancarskiOctober 11, 2018

Jacksonville leaders may protest. But the move is non-negotiable. On Thursday, Moody’s downgraded $2.1 billion of Jacksonville debt, pinning a negative outlook on issues resulting from the city’s misadventures with utility JEA. At the root of it all: the still-under-construction Plant Vogtle nuclear plant in Georgia, which the city committed to buy power from in 2008 […]

A.G. GancarskiSeptember 24, 2018

Jacksonville’s public utility JEA and Georgia’s Municipal Electric Authority are at loggerheads over the future of the $27 billion Plant Vogtle, with lawsuits filed by each side. JEA wants out of the deal, and went so far as to negotiate better terms for MEAG with an alternative power vendor while also agreeing to pay “sunk costs” […]

A.G. GancarskiSeptember 18, 2018

Jacksonville’s public utility JEA and Georgia’s Municipal Electric Authority are at loggerheads over the future of the $27 billion Plant Vogtle, with lawsuits filed by each side. The Atlanta Journal-Constitution reports, MEAG contends JEA is trying to renege on its 2008 deal to “cover 41 percent of MEAG’s share of construction costs at the Vogtle expansion for 20 years […]

A.G. GancarskiAugust 6, 2018

It is rare that a Jacksonville City Council resolution gets four committee stops, but such is the case with 2018-429, a resolution of disinclination to sell local publicly owned utility JEA. It is even rarer that a bill can’t get a second to move into consideration. That was the case in Monday’s Neighborhoods, Community Services, Public […]

A.G. GancarskiJune 28, 2018

A draft of the final report from the Jacksonville City Council special committee on the future of JEA revealed a consensus to keep the utility local and publicly owned. However, the report was not memorialized by committee passage, due to a lack of quorum. And that worries committee Chair John Crescimbeni. “I would hope that the committee’s […]

A.G. GancarskiJune 13, 2018

On Tuesday evening, the Jacksonville City Council approved incentives for The District, a 30-acre Southbank development on the site of the former JEA Southside Generating Station. As part of that deal, developers Peter Rummell and Michael Munz have a deal via their Elements Development to buy the land for $18.6 million from the JEA Board. JEA interim CEO Aaron Zahn, in […]

A.G. GancarskiJune 12, 2018

The Jacksonville City Council on Tuesday backed a committee vote and stopped a resolution drafted last week that would expressly discourage interim JEA CEO Aaron Zahn from applying for the permanent position. The vote was 4-10 against the resolution, with sponsor Garrett Dennis, Council President Anna Brosche, and Councilmembers Joyce Morgan and Reggie Gaffney the sole no votes. The bill […]

A.G. GancarskiJune 7, 2018

With just weeks to go in Anna Brosche‘s Jacksonville City Council presidency, the majority of special committees formed during her year are coming to an end. That rule applies to what is now known as the special committee on the “future of JEA,” a change in name and scope from its original five-person iteration as a group […]

A.G. GancarskiJune 4, 2018

On Monday, Jacksonville City Council’s Neighborhoods, Community Services, Public Health and Safety committee greenlit the ‘District‘ development plan. That said, the bill did not pass without considerable discussion and consternation among myriad members of the panel before the 5-1 vote The bill (2018-313) could transform the Southbank with its radical redevelopment of 30 acres at the […]

A.G. GancarskiMay 30, 2018

Jacksonville City Councilmen Jim Love and Matt Schellenberg, both second term Republicans, had expressed different visions for the future of Jacksonville’s public utility. Schellenberg’s 2018-242 would encourage the Mayor and the JEA Board to explore a review of a potential sale; Love’s 2018-248 would represent Council opposition to a sale. Both bills will not see the Council floor, after a […]

Tag: JEA

Citing Plant Vogtle, Moody’s downgrades Jacksonville credit rating

Plant Vogtle plans push forward, despite JEA protests

Under ‘negative credit watch,’ JEA renews plea for Plant Vogtle exit

JEA ‘no-sale’ bill appears to be ‘black flag dead’ in Jacksonville City Council

Aaron Bowman won’t bury Jacksonville City Council JEA report

JEA CEO proposes earmarking land sale proceeds for infrastructure issues

Jacksonville City Council won’t tell JEA who its next CEO should be

Jacksonville City Council winds down JEA committee

Despite hiccups, Jacksonville ‘District’ development clears first City Council panel

Jacksonville City Councilors will pull competing JEA privatization resolutions