RENEWABLE ENERGY CREDITS (RECs)

 

The RECs generated by Standard Offer Projects belong to the Vermont Utilties and are transferred to the Vermont Utilities on a quarterly basis through the New England Power Pool Generation Information System (NEPOOL-GIS).

Once the Standard Offer Project is commissioned, the Producer and the Standard Offer Facilitator work together to get the Standard Offer Project qualified for the sale of RECs in the New England markets. 

For more information, see Paragraph 3 of the Standard Offer Contract.