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Glossary Renewable energy / Term

Renewable Energy Certificate (REC)

A REC is the property right to the environmental benefits associated with generating renewable electricity. For instance, homeowners who generate solar electricity are credited with 1 solar REC for every MWh of electricity they produce. Utilities that have to fulfill an RPS requirement can purchase these RECs on the open market.

Permanent link Renewable Energy Certificate (REC) - Creation date 2021-06-26


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