Buying Energy Credits -

RECs represent the environmental attributes of 1 megawatt-hour (MWh) of renewable electricity generated and delivered to the grid.

: 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

: You can buy RECs through green power programs from your utility or independent generators. For Individuals : : You can buy RECs

: Requires filing IRS Form 3800 with a specific registration number from the project. buying energy credits

Buying "energy credits" typically refers to two distinct activities: purchasing to offset electricity use or purchasing Transferable Tax Credits as a financial investment. 1. Buying Renewable Energy Certificates (RECs)

: 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 :