Renewable Energy Product Sample Clauses
The Renewable Energy Product clause defines the terms under which renewable energy, such as electricity generated from solar, wind, or other renewable sources, is supplied or purchased under an agreement. It typically specifies the type of renewable energy involved, the certification or verification standards required (such as renewable energy certificates), and the obligations of the parties regarding delivery and documentation. This clause ensures that both parties are clear on the nature and source of the energy being transacted, supporting compliance with sustainability goals and regulatory requirements.
Renewable Energy Product. Supports 100% green energy producers in the United States through the purchase of Renewable Energy Certificates equivalent to the power you consume. 4b. Traditional Energy Product – Traditional energy products sourced by a combination of coal, natural gas, nuclear, hydropower and/or other renewable energy sources. The renewable sources may include wind, solar, geothermal and/or biomass.
Renewable Energy Product. Supports renewable energy producers in the United States through the purchase of Renewable Energy Certificates equivalent to the power you consume. 4b. Traditional Energy Product – Traditional energy products sourced by a combination of coal, natural gas, nuclear, hydropower and/or other renewable energy sources. The renewable sources may include wind, solar, geothermal and/or biomass.
Renewable Energy Product. Electric customers are guaranteed that 25% of your energy will be matched with electricity generated by deliverable renewable energy resources, including one or more of biomass, biogas, hydropower, solar energy, wind energy, or any other qualifying renewal resources.
Renewable Energy Product. Electric customers are guaranteed that 100% of your energy (or the minimum required by the state, whichever is greater) will be matched with electricity generated by deliverable renewable energy resources, including one or more of biomass, biogas, hydropower, solar energy, wind energy, or any other qualifying renewal resources.
Renewable Energy Product. Supports renewable energy producers in the United States through the purchase of Renewable Energy Certificates equivalent to the power you consume.
Renewable Energy Product. For customer’s receiving a renewable energy product, the Company will ensure that the agreed upon percentage of Customer's electricity supply comes from regional renewable energy resources such as biomass, biogas, wind, solar, and hydro that have been certified as such by a state or regional renewal portfolio standards administrator.
Renewable Energy Product. Electric customers are guaranteed that 50% of your electricity usage is matched by the generation of energy from renewable resources by retiring renewable energy certificates (RECs). RECs represent the environmental attributes associated with the applicable amount of renewable
Renewable Energy Product. For customer’s receiving a renewable energy product, SunSea Energy will ensure that the agreed upon percentage of Customer's electricity supply comes from regional renewable energy resources such as biomass, biogas, wind, solar, and hydro that have been certified as such by a state or regional renewal portfolio standards administrator. SunSea Energy shall retire one renewable energy credit for each megawatt-hour (MWh) of retail sales of electricity marketed as having characteristics of a Tier 1 renewable source or a Tier 2 renewable source. The percentage is in addition to the Maryland Renewable Portfolio Standard (“RPS”) which for 2021 is 30.8% from Tier 1 renewable resources, including at least 7.5% derived from solar energy. SunSea Energy may meet its RPS obligation by paying a compliance fee of 3 cents per kilowatt-hour for Tier 1 shortfall, and 10 cents per kilowatt-hour for a solar shortfall to the Maryland Strategic Energy Investment Fund under Public Utilities Article, §7-705(b), Annotated Code of Maryland.
Renewable Energy Product. If you have elected to purchase a renewable energy plan it will include a number of Renewable Energy Credits("RECs") that is approximately equal to the percentage specified in your Enrollment Documentation of the net retail electricity delivered to your contracted account. One REC represents 1,000 kWh or 1 MWh of electricity from an eligible renewable energy generating facility. A REC will include all additional environmental attributes associated with the generation of electricity, and those environmental attributes may, but need not be, verified or certified by the same or different verification authorities or certification authorities. You agree and understand a REC is separate from the retail electricity being delivered but, nonetheless, constitutes value associated with the provision of retail electricity.
Renewable Energy Product. 8. Dispute Resolution Process Supports renewable energy producers in the United States through the purchase of Renewable Energy Certificates equivalent to the power you consume.