Halt of JEA sale likely to result in rate hike　for Vogtle costs: expert

摘要

JEA’s Christmas Eve vote to end efforts to sell the municipal utility islikely to result in increased electric rates for consumers to cover theJacksonville, Florida-based utility’s 200-MW share of the 2.2-GW Vogtlenuclear plant expansion cost overruns, a power market industry expertsaid.JEA’s board of directors on December 24 voted unanimously tostop its “invitation to negotiate” process designed to sell its municipalutilities, mainly electric, to either a private entity or an electriccooperative.