Have you heard about renewable energy credits (RECs)?
They’re market-based instruments that certify the bearer owns one megawatt-hour (MWh) of electricity generated from a renewable energy source.
If a power provider feeds the energy into the grid, the REC received can be sold on the open market as an energy commodity.
When a renewable energy facility earns RECs, they can either keep them or sell them to other entities such as companies that are polluting.
Companies can then use these credits to offset their own emissions.
In this video, we’ll discuss the basics of renewable energy credits and why you may consider using them.
And for additional information, you can read our full blog post at:
https://gokcecapital.com/renewable-energy-credits/
Sources referenced in today’s story:
https://www.nytimes.com/2022/01/24/business/energy-environment/california-rooftop-solar-utilities.html
https://www.cpuc.ca.gov/industries-and-topics/electrical-energy/demand-side-management/net-energy-metering
https://grist.org/energy/californias-plan-to-slash-solar-subsidies-seems-backwards-its-not/
https://www.latimes.com/environment/newsletter/2021-12-16/california-plan-to-cut-solar-incentives-boiling-point
https://www.sacbee.com/news/politics-government/capitol-alert/article257749328.html
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Don’t forget to check out our inventory of $1 Down properties at: https://gokcecapital.com/listing
Disclaimer: we are not lawyers, accountants or financial advisors and the information in this video is for informational purposes only. This video is based on our own research and experience and, while we do our best to keep it accurate and up-to-date, but it may contain errors. Please be sure to consult a legal or financial professional before making any investment or purchasing decisions.
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