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Old 02-16-16, 06:53 PM   #2
where2
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Join Date: Apr 2013
Location: Sunny Florida
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Welcome to my world (Florida). What the RS article failed to mention was that the latest Jacksonville Electric Authority (JEA) submittal to the Public Service Commission has a "New Idea" where JEA will buy a vacant property, cover it with solar, and sell the energy to their customers at a $$ rate higher than normal fossil fuel energy cost. "Due to the higher cost of Solar Energy".

To help their new endeavor, they want to do away with net metering, and only pay "fuel cost" for excess PV fed back into the grid. It also looks like JEA wants to push PV owners to Time of Use rates.

The kicker: "Change the policy to transfer Renewable Energy Credits to JEA for energy purchased by JEA."

In a state without REC trading, I find it interesting that the JEA wants the RECs. They obviously think a carbon trading system is coming...
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