: When you buy a REC, you are buying the "greenness" of electricity. You still use physical electricity from your utility, but you own the claim that a specific amount of renewable energy was produced on your behalf. For Individuals :
Following the , certain federal energy tax credits (like the Investment Tax Credit or ITC) can now be "sold" to third parties. buying energy credits
: You must have a federal tax liability at least equal to the credit's value. No Resale : Purchased credits cannot be resold. : When you buy a REC, you are
: Companies use RECs to meet RE100 or other net-zero targets by matching their consumption with renewable sources. : You must have a federal tax liability
RECs represent the environmental attributes of 1 megawatt-hour (MWh) of renewable electricity generated and delivered to the grid.