JEA · Jacksonville, FL United States
Company Description
Phone: 904-665-6000
Fax: 904-665-7008
Toll Free: 800-683-5542
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This link will open in a new window As long as sparks are flying in Jacksonville, everything is A-OK with JEA. The municipal utility provides electricity to more than 412,000 customers in Jacksonville and surrounding areas in northeastern Florida. Managing an electric system that dates back to 1895, JEA has a net generating capacity of 3,241 MW (primarily from fossil-fueled plants). The company also resells electricity to other utilities, including FPL . JEA also provides water and wastewater services; it serves more than 303,000 water customers and 228,000 wastewater customers. The utility's water supply comes from 150 artesian wells tapping the Floridian Aquifer. To read the full description, subscribe now.
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Key JEA Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | September |
| Annual Sales (mil.) | $857.9 |
| Employees | 2,356 |
JEA Executives
20 executives listed for JEA's Jacksonville, FL location.
| Title | Name & Bio | Contact |
| Chair | Cynthia Austin | Network |
| Vice Chair | Cathy Whatley | Network |
| CEO and Managing Director | James Dickenson | Network |
Competition
Competitive Landscape for JEA
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top JEA Competitors
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