Also known as Green Tags, Renewable Energy Credits, or Tradable Renewable Certificates, RECs are the property rights to the environmental benefits from generating electricity from solar and other renewable energy sources. RECs incentivize carbon-neutral renewable energy by providing a subsidy to electricity generated from renewable sources.
REC providers are credited with one REC for every MWh of electricity they produce. The green energy is then fed into the electrical grid (by mandate), and the accompanying REC can then be sold on the open market. We monitor the solar plants and provide California’s utility company with the data to certify the RECs of each plant.
Our partners will be able to purchase these RECs at a significant discount, helping your company offset growth while being in compliance with Assembly Bill 32 (The Global Warming Act of 2006).
To learn how your business can take advantage of RECs please contact us for more information.