Renewable Energy Credit / Certificates (RECs)
Whether your organization has just announced its net-zero goals or you’re far along on your carbon–free transition, renewable energy certificates or credits (RECs) can help you better reach your goals.
What is a REC?
RECs are market-based instruments that represent the property rights to the environmental, social, and other non-power attributes of renewable electricity generation. They’re one of the fastest ways to access the benefits of renewable energy without having to produce or purchase the actual energy yourself. And RECs can range in a variety of prices, allowing you to find the best combination to meet your goals.
RECs can be purchased by any organization but are particularly ideal for organizations that are unable to build and maintain a physical renewable energy source themselves.
The flexibility you need to reach your goals
Gain advantages of renewables faster
You can count the RECs immediately against your sustainability and environmental goals. The process can be quick – completed in a few weeks, start to finish.
Gain flexibility, choice and control nationwide
With so many types of RECs available, you can achieve the environmental attributes and advantages of solar, wind and other renewable energy types virtually any time – and anywhere across the U.S.
Retire and purchase quickly as needs change
RECs are an affordable, one-time purchase, with no long-term commitment required. And they can be retired or delivered to a tracking system as you need them.
UPM Raflatac leverages RECs to achieve carbon reduction goals
UPM Raflatac is a worldwide manufacturer of pressure sensitive label materials for industry, packaging and consumer goods with plants in western North Carolina.
The company works with Duke Energy to purchase Green Retail RECs from its wind project in Texas, a move which will allow UPM Raflatac to hit its goal of reducing its carbon emissions 30% by 2030.