Buying Energy Credits -
: Companies use RECs to meet RE100 or other net-zero targets by matching their consumption with renewable sources.
: Corporations or high-net-worth individuals can buy these credits at a discount (e.g., paying $0.90 for $1.00 of tax credit), effectively reducing their federal tax liability while providing immediate capital to renewable energy developers. Key Requirements : buying energy credits
: You must have a federal tax liability at least equal to the credit's value. No Resale : Purchased credits cannot be resold. : Companies use RECs to meet RE100 or
: When you buy a REC, you are buying the "greenness" of electricity. You still use physical electricity from your utility, but you own the claim that a specific amount of renewable energy was produced on your behalf. For Individuals : buying energy credits