Common use of Renewable Energy Credits Clause in Contracts

Renewable Energy Credits. (RECs) REU shall retain all Renewable Energy Credits associated with each watt of excess photovoltaic generation beyond what the C-G consumes from the grid on an annual basis. REU reserves the right to read the PV inverter meter as often as it deems necessary to accurately account for all renewable energy credits. REU reserves the right to register this renewable energy resource with the Western Renewable Energy Generation Information System (WREGIS), which may include aggregation of this resource with other resources of similar characteristics to minimize administrative cost and oversight. REU reserves the right to sell, or trade these RECs under XXX’s discretion.

Renewable Energy Credits. (RECs) REU shall retain all Renewable Energy Credits associated with each watt of excess photovoltaic generation beyond what the C-G consumes from the grid on an annual basis. REU reserves the right to read the PV inverter meter as often as it deems necessary to accurately account for all renewable energy credits. REU reserves the right to register this renewable energy resource with the Western Renewable Energy Generation Information System (WREGIS), which may include aggregation of this resource with other resources of similar characteristics to minimize administrative cost and oversight. REU reserves the right to sell, or trade these RECs under XXXREU’s discretion.