Renewable Energy Credits
Renewable energy credits, or renewable energy certificates, are part of the world of renewable generation and serve as a sort of currency for renewable energy markets. RECs represent the attributes of renewable electricity generation, things such as greenhouse gas reduction that are outside of the electricity itself.
RECs have a monetary value and can be bought and sold between buyers and sellers from generation to the final point of application or use at a facility. The federal government and the Pennsylvania Public Utility Commission advise that consumers or organizations with on-site renewable electricity systems should be clear about who owns the RECs produced by their system.