![]() “We’re working on designing an entity that can best serve the needs and desires of the customer,” Zahn told POWER. The challenging market has led JEA to consider its business options. While the utility says efficiency improvements accounted for more than 90% of the decline in power sales, that’s a small consolation for customers, who saw rates increase about 71% between 20 to help JEA meet its debt obligations and increasing operating expenses. That was about 30% less than forecasters had projected back in 2006. What hasn’t increased is JEA’s electric power sales. In 2007, it had about 412,000 electric customers, which has increased every year since then. JEA’s customer base has grown steadily over the years. It has a seven-member professional board with a professional management team, but ultimately, its major policymakers are the city council and city administration. Johns counties.Īaron Zahn, JEA’s managing director and CEO, explained that the utility is currently organized as an independent authority of the Consolidated City of Jacksonville. The utility has about 466,000 electric customers, 359,000 water customers, and 270,000 wastewater customers throughout Duval County and portions of Clay, Nassau, and St. JEA is a community-owned utility that operates across about a 900-square-mile service territory in northeast Florida, including the city of Jacksonville. So, which type-public or private-is best for the customer? That’s a question one of the largest public power and water entities in the U.S. These companies have private boards with shareholders reaping the profits. power customers-about 220 million Americans from all 50 states and the District of Columbia-receive their electricity from IOUs. ![]() investor-owned electric companies, the majority of U.S. ![]() Co-ops are typically governed by a member-elected board of directors, which sets policies and procedures that are implemented by the cooperatives’ management.Īccording to the Edison Electric Institute, the association that represents all U.S. The National Rural Electric Cooperative Association, the “voice” of co-ops, says there are more than 900 local electric cooperatives, providing electric service to more than 56% of the U.S.’s landmass. They are also not-for-profit, but are member-owned rather than community-owned. Rural electric cooperatives are similar in nature. ![]() Most are owned by cities and towns, but some are owned by counties, public utility districts, or even states. While public power entities are often uniquely structured based on local charters and state-specific requirements, they are commonly a division of local government, owned by the community, run by boards of local officials. that get their electricity from a community-owned and -operated utility. The American Public Power Association, which calls itself “the voice of not-for-profit, community-owned utilities,” says there are more than 2,000 cities and towns in the U.S. There are generally three types of electric power utility ownership structures: public power utilities, rural electric cooperatives, and investor-owned utilities (IOUs). ![]()
0 Comments
Leave a Reply. |