Buying Energy - Credits
: It is a simple way for renters or those unable to install solar panels to support clean energy. For Businesses :
: Unbundled RECs (those bought separately from physical power) are often inexpensive but are sometimes criticized for having lower environmental "additionality" compared to building new projects. buying energy credits
: When you buy a REC, you are buying the "greenness" of electricity. You still use physical electricity from your utility, but you own the claim that a specific amount of renewable energy was produced on your behalf. For Individuals : : It is a simple way for renters
: You must have a federal tax liability at least equal to the credit's value. No Resale : Purchased credits cannot be resold. You still use physical electricity from your utility,
RECs represent the environmental attributes of 1 megawatt-hour (MWh) of renewable electricity generated and delivered to the grid.
Following the , certain federal energy tax credits (like the Investment Tax Credit or ITC) can now be "sold" to third parties.
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