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Renewable Energy Certificates (RECs), also known as Green tags, Renewable Energy Credits, Renewable Electricity Certificates, or Tradable Renewable Certificates (TRCs), are tradable, non-tangible energy certificates in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource (renewable electricity) and was fed ...
Other tools such as labeling/environmental disclosure, Renewable Portfolio Standards (RPS) and Renewable Energy Credits (RECs) attributes are supported by eGRID data. States also rely on eGRID data for electricity labeling (environmental disclosure programs), emissions inventories, and for policy decisions such as output based standards.
RECs should not be confused with the tax credits that renewable energy projects are eligible to receive. In the United States, as part of the 2009 economic stimulus package, renewable Energy Rebate Programs are in place. Currently, solar is eligible for a 30% federal tax credit. Renewable Energy Credit is one of two main outputs or benefits ...
The Renewable Energy Standard requires Michigan electric providers to achieve a retail supply portfolio that includes at least 10% renewable energy by 2015. [45] A ballot proposal to raise the standard to 25% renewable energy by 2025 as a constitutional amendment was put to the voters in the November 2012 General Election as Proposal 3.
Solar Renewable Energy Certificates (SRECs) or Solar Renewable Energy Credits, are a form of Renewable Energy Certificate or "green tag" existing in the United States of America. SRECs exist in states that have Renewable Portfolio Standard (RPS) legislation with specific requirements for solar energy, usually referred to as a "solar carve-out". [1]
An energy attribute certificate (EAC) can include "a variety of instruments with different names, including certificates, tags, credits, or generator declarations." [1] These certificates relate to various tracking systems worldwide. [2] Examples of energy certificates for renewable energy are: Green tags; Guarantee of origin (GO)
According to Advanced Energy United, an advocacy group that promotes policies that would lead to 100% clean-powered electricity, natural gas made up the largest source of Texas' generated electric ...
REC—Renewable energy credit (US) RECS—Residential Energy Consumption Survey (US) REEEP—Renewable Energy and Energy Efficiency Partnership; RER—Renewable Energy Rider; RES—Renewable energy source; RET/EE—IAF Renewable Energy Technology & Energy Efficiency Investment Advisory Facility; RF—Radio frequency; RFA—Regulatory ...