Third Party Owner

For third-party owners of small scale solar.
Minimum 1 MW aggregate capacity
Key Features:
  • Everything in Home Plan
  • Green-e Aggregation
  • Pre-sell your RECs
$ 499.00 USD
Subscription, billed monthly.
FAQ
What is a Renewable Energy Certificate (REC)?
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A renewable energy certificate (REC), also known as an energy attribute certificate (EAC), is a tradable instrument that represents the environmental attributes of 1 megawatt-hour (MWh) of electricity generated from a renewable energy source like wind, solar, biomass, etc. RECs allow renewable energy generation to be tracked and traded separately from the underlying electricity.
How are RECs created and tracked?
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RECs are issued by regional tracking systems when 1 MWh of renewable electricity is generated and delivered to the grid. Most are run by government bodies and the correct registry must be used to qualify for the highest rates. Accounts on these registries can cost thousands of dollars per year. PHASE4 will take care of this registration process for you.
Who buys RECs and why?
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Utilities, businesses, and individuals can purchase RECs to meet renewable energy goals or compliance obligations like renewable portfolio standards. By purchasing RECs, they can claim to have used that quantity of renewable electricity, even if their local grid mix does not physically deliver it.
Do RECs expire?
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Yes. Generally, RECs must be claimed within 90 days of electricity generation and those RECs become useless after about 2 years. To avoid letting your RECs expire, claim them now.
Who qualifies for RECs?
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Every grid connected generator is entitled to RECs; even home solar. PHASE4 handles to cumbersome process of getting these RECs issued and sold for you. We also manage any additional registrations of certifications required to maximize the RECs value to you.
How much are RECs worth?
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The value of a REC can range from $2 to more than $400 depending on a number of factors including the time and location of generation. To see how these factors effect your RECs, get a free quote now.
How does net-metering effect RECs?
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Generators earn RECs for every watt of power they generate, whether they consume that power or sell it to a utility. Net metering has no effect on the number of RECs you are entitled to.
Do you have any questions about RECs and how PHASE4 can help you get the most out of them?
Get in touch