Renewable Energy Certificates Renewable Energy Certificates (RECs)Generated from renewable energy sources in the U.S.RECs represent the environmental attributes of power that are generated from renewable energy projects and provided to the grid. |
A REC works like an accounting or tracking mechanism for solar, wind, and other green energies flowing into the power grid. Once the power provider has fed the energy into the grid, they receive a REC, which is then sold on the open market as an energy commodity. RECs earned may be sold to others who are polluting as a carbon credit to offset their emissions. RECs can go by other names, including Green Tags, Tradable Renewable Certificates (TRCs), Renewable Electricity Certificates, or Renewable Energy Credits. |