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Renewable Energy Credits (RECs)

We help corporations achieve their sustainability goals and combat climate change by facilitating the origination and redemption of Renewable Energy Credits (RECs).

• RECs represent the environmental benefits of renewable energy generation

• Each REC certifies the production of one megawatt-hour (MWh) of clean energy

• They are tradable commodities that allow individuals and organizations to support renewable energy without physically purchasing it

How are RECs tracked?

• Each REC has a unique ID number and is individually tracked by different RECs regional tracking systems and registries

• REC’s ID contains information about generation period, power generation source, and the type of renewable resource

• RECs only have one owner at a time. By purchasing and retiring a REC, the owner can claim the sole use of that green power 

• Purchased RECs are “retired” by or on behalf of the purchaser in a tracking system to avoid multiple ownership of a REC and double counting

• Meeting sustainability goals: RECs help companies demonstrate their commitment to sustainability and reduce their carbon footprint

• Regulatory compliance: purchasing RECs can fulfill renewable energy mandates and regulatory requirements set by governments or industry standards

• Reputation and branding: investing in RECs enhances a company's reputation as an environmentally responsible organization, appealing to eco-conscious consumers and investors