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. 11.2. Owner/Operator retains all REC’s generated by this DGR facility. The REC meter shall be owned and maintained by GRU for the purpose of providing operational data as needed by GRU.
Appears in 2 contracts
Samples: Interconnection Agreement, Interconnection Agreement
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.
11.2. Owner/Operator retains all REC’s generated by this DGR facility. The REC meter shall be owned and maintained by GRU for the purpose of providing operational data as needed by GRU.
Appears in 2 contracts
Samples: Interconnection Agreement, Interconnection Agreement
