Renewable Energy Credits
Renewable Energy Credits (“REC’s) represent 1 megawatt-hour (MWh) of electricity and are the renewable attribute associated with electricity generated by clean, renewable resources. More commonly observed examples of renewable resources include new, small hydro, wind, and solar, but many other examples exist. RECs can also be certified by independent third parties, such as Green-e®.
ClimeCo’s “ClimeCo Renewable Energy Credits” product is certified by Green-e® Energy, an independent, third-party certification program administered by the nonprofit Center for Resource Solutions based in San Francisco, CA. We are assuring our customers that ClimeCo Renewable Energy Credits meet the highest standards in North America for product quality and marketing transparency through this certification. We undergo an annual verification process that includes an audit and a separate annual review that ensures our marketing and advertising accurately represent the environmental benefits and impact our customers can claim.
For a company that wants to use Green-e® certified RECs in their reporting claims, the RECs would need to comply with specific vintaging requirements (e.g., for 2020, the RECs would need to be generated during the second half (BH) of 2019, CY2020, or Q1 2021.
ClimeCo can help you understand all this and more: From creating projects that generate RECs; to laying out a clean energy plan; to acquiring or selling RECs.
Environmental Credit Solutions