When you buy Renewable Energy Credits (RECs), you are making a tax-deductible donation to put more clean power into an electrical grid in the United States, forcing polluting plants to cut back their output.
You (or your recipient, if you buy as a gift) will receive an attractive, personalized certificate acknowledging your donation. Your donation is fully tax deductible.
Here's how RECs help create good jobs, protect our environment, improve our health, and secure our energy independence:
- Clean power generators invest in and build a wind or solar facility, creating good jobs in a sustainable industry.
- They sell their electricity at the market price and begin delivering electricity to the grid in their area.
- They also sell a certificate for every 1,000 kilowatt hours they deliver. RECs are based on these certificates.
- The revenue from selling electricity at market price plus revenue from the sale of RECs allows these green generators to stay in business while they recover their capital and start-up costs.
Each kilowatt hour that a green generator delivers displaces a kilowatt hour from other generators, many of which burn fossil fuel.
By reducing the use of fossil fuel to generate electricity, RECs deliver cleaner air, a healthier environment and greater energy independence for our country.