GREEN COVE SPRINGS, Fla. – More than a month after Green Cove Springs council members shot down a 20% increase in electric rates, they will now vote on whether to approve a 12% increase for residents.
City officials explained that prior to 2024, the city had not raised electric rates for nearly nine years.
As costs have risen, the city’s electric rates have remained stagnant, creating a financial shortfall.
At Tuesday night’s City Council meeting, members are expected to vote on an ordinance that would take effect Wednesday.
The ordinance would include a 12% increase, with a promise of no additional hikes for the 2026 fiscal year.
City leaders are encouraging residents to come out, ask questions and share their feedback at a meeting at 6 p.m. Tuesday at City Hall ahead of the council vote. They will also discuss energy-saving programs and customer support options to help manage bills.
If approved, the following changes would take effect this week:
Monthly Customer Service Charge
- Residential Customers: Increases from $16.50 to $18.48 on July 2, 2025
- Small Commercial Customers: Increases from $16.50 to $18.48 on July 2, 2025
- Large Commercial Customers: Increases from $66.00 to $73.92 on July 2, 2025
Monthly Energy Charges (per kWh)
- Residential Customers (Usage under 1,000 kWh): Increases from $0.11869 to $0.12937 on July 2, 2025
- Residential Customers (Usage over 1,000 kWh): Increases from $0.12344 to $0.14813 on July 2, 2025
- Small Commercial Customers: Increases from $0.12617 to $0.14131 on July 2, 2025
- Large Commercial Customers: Increases from $0.09275 to $0.10388 on July 2, 2025
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