With the expected passage of a new energy law requiring power companies to generate 20 percent of their electricity from renewable sources, solar power should hit the big time in Florida. If the law passes, this will be very exciting for Floridians!

But who among those in the renewalbe energy industry are likely to see the biggest benefits?   There is a system is known as RECs (renewable energy credits)  which would allow utilities to decide who can sell solar energy based on a bidding process. This is likely to result in mostly large, centralized solar developments, not small-scale developments on the roofs of homes and businesses.  A system called “feed-in tariff” would encourage the latter and also force electric utilities to buy energy from everyone.

Source: Florida Trend

Filed under: Energy Efficiency