Palm Beach County Solid Waste Authority Proposes New Way To Generate Income
Vice-Chair Sachs would like to announce that there are two new programs that will generate millions of dollars. One program is to further separate the metals from the ash and sell the metals which would generate around a million dollars per year. The ash could also be sold. The second program is to sell Renewable Energy Credits or "RECs." A REC is an accounting method for the environmental attributes of renewable energy. The SWA's REFs produce power from combusting solid waste. The SWA plans to register its RECs with certain companies that market them. RECs have a value that can be monetized. This can generate tens to hundreds of thousands of dollars in additional revenue and keep
costs down for the public.