Unbundled REC definition
Unbundled REC means a REC from an eligible renewable energy resource that is not procured as part of the same contract or ownership agreement with the underlying energy from that eligible renewable energy resource; this includes RECs that were originally procured as a bundled product but were subsequently resold separately from the underlying energy.
Unbundled REC means a REC from an eligible renewable energy resource that is not procured as part of the same contract agreement or ownership agreement arrangement with the underlying energy from that eligible renewable energy resource; this includes a REC that was originally procured as a bundled product but was subsequently resold separately from the underlying energy.
Unbundled REC means a REC from an RPS‐certified facility that is not procured as part of the same contract or ownership agreement with the underlying energy from that facility; this includes RECs that were originally procured as a bundled product but were subsequently resold separately from the underlying energy.
Examples of Unbundled REC in a sentence
PCC3 – RPS Portfolio Content Category 3 – Unbundled REC PCIA or “exit fee” - Power Charge Indifference Adjustment (PCIA) is an “exit fee” based on stranded costs of utility generation set by the California Public Utilities Commission.
More Definitions of Unbundled REC
Unbundled REC means a REC procured or sold as a separate commodity, apart from the underlying renewable Energy that was generated to create the REC.