JACKSONVILLE (AP) — It will be a happy holiday for the 1,921 workers at a Jacksonville utility company.

They’re each getting $1,250 bonus checks after city-owned JEA reached a series of safety and cost-saving goals that saved the company $27 million. CEO Paul McElroy said Wednesday they’ve dramatically lowered the number of workplace accidents and injuries.

The Florida Times-Union reports it’s the first time since 2007 the company used the pay-for-performance plan first used in 1990. The plan was scrapped due to the struggling economy but officials relaunched it to keep wages competitive with privately run utilities. And to build goodwill with employees.

Officials say the utility spent 6.9 percent less than budgeted. Any savings better than 5 percent translated to $750 per employee. And JEA’s safety record equated to another $500.