Renewable Energy Credits. 11.1. A Renewable Energy Credit (REC) represents the environmental attributes of one thousand kWh (1 MWh) of electricity produced by a renewable resource (i.e., solar). A REC is the commodity used by electric providers to account for their participation in renewal energy programs.
Appears in 4 contracts
Samples: Gainesville Regional Utilities, Gainesville Regional Utilities, Gainesville Regional Utilities