RECS (Renewable Energy Credits)
"Let RPM help you attain your LEED program goals as we will facilitate the procurement of RECS on your behalf."
What is a REC?
Being Green is no longer just an expression The market place has embraced the fact that America needs to become more energy efficient as part of a long-term strategy to secure our environment. One tactic used by the market is to buy and sell RECS or Renewable Energy Credits. These certificates can be sold and traded and the owner of the REC can claim to have purchased renewable energy. While traditional carbon emission trading programs promote low-carbon technologies by increasing the cost of emitting carbon, RECs can incent carbon-neutral renewable energy projects. The RECS provide subsidies to electricity generated from renewable sources. It is important to understand the energy associated with a REC is sold separately and is used by another party. So when you purchase a REC you get only a certificate.
In states which have a REC program, a green energy provider (such as a wind farm) is credited with one REC for every 1,000 kWh or 1 MWh of electricity it produces (for reference, an average residential customer consumes about 800 kWh in a month). A certifying agency gives each REC a unique identification number to make sure it doesn't get double-counted. The green energy is then fed into the electrical grid (by mandate), and the accompanying REC can then be sold on the open market.