Talk of The Villages Florida - View Single Post - Possible SCAM on your electric bill
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Old 08-11-2017, 07:38 AM
retiredguy123 retiredguy123 is offline
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Originally Posted by biker1 View Post
Arcadia is selling Renewable Energy Credits (RECs). Think of it as a way to financially support wind power directly even though your power doesn't come from a wind farm. For many people, I believe this is a "feel good" sort of thing and an opportunity to financially support alternative energy (they are a financial vehicle). In our previous home (not in The Villages), our power company did offer the same service: you could pay extra per kWh and essentially contribute to alternative energy sources through RECs. I suspect the participation rate was very low.
But, they offer a free option where they claim to certify that 50 percent of your energy will come from renewable sources. How can it be free?