Southeastern Power Eyes Rate Hike for Jim Woodruff Project
Published Date: 5/15/2026
Notice
Summary
The Southeastern Power Administration wants to change the rates for electricity from the Jim Woodruff Project starting October 1, 2026, through September 30, 2031. This affects customers who buy power from this project, and the new rates could impact their bills. People can join public meetings in Florida or Georgia (or online) to learn more and share their thoughts before August 13, 2026.
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Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Wholesale Rate Increase for Preference Customers
Southeastern proposes higher wholesale power rates from the Jim Woodruff Project starting October 1, 2026 through September 30, 2031. The proposal raises the capacity charge from $8.46 to $9.02 per kilowatt per month and the energy charge from 22.32 mills/kWh to 24.72 mills/kWh, representing about a 6.6% increase for capacity and a 10.8% increase for energy, and would collect $545,128 more per year from preference customers.
Purchased Power Cost Pass-Through
If Southeastern buys power for a preference customer under the proposal, that customer must pay the cost of the purchased power in addition to the applicable capacity and energy charges in JW-1-M. This means customers could face additional charges beyond the stated $/kW/month and mills/kWh rates when purchased power is needed.
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