02/21/2025
The JEA Compensation Committee approved a recommendation for a 3 year contract with 1 year terms with current CEO Vickie Cavey. This deal will give Cavey a $140,000 pay raise from $560,000 to $700,000 per year. This deal also includes 3% annual increases, a $2,000 monthly business allowance, and $850 vehicle allowance.
JEA also presented to their finance committee a 10% gradual utility increase bringing the combined utility bill for residential customers using a 100 kilowatt hour and ⅝” water meter from $205 in October of 2024, to a purposed $209 starting April 1st, 2025, to $221 in 2026.
The board will vote on Cavey’s new contract along with a rate hearing on Tuesday February 25.
The meeting will be held at 225 North Pearl Street, 1st floor Room 120 A&B and can also be watched online utilizing the links below or in The Duval Wire link in bio.
https://www.jea.com/events/how_to_observe_and_participate_in_jea_virtual_meetings/
https://video.ibm.com/channel/jea-board-meeting