Buying "energy credits" typically refers to two distinct activities: purchasing to offset electricity use or purchasing Transferable Tax Credits as a financial investment. 1. Buying Renewable Energy Certificates (RECs)
: It is a simple way for renters or those unable to install solar panels to support clean energy. For Businesses : buying energy credits
: When you buy a REC, you are buying the "greenness" of electricity. You still use physical electricity from your utility, but you own the claim that a specific amount of renewable energy was produced on your behalf. For Individuals : Buying "energy credits" typically refers to two distinct
: Unbundled RECs (those bought separately from physical power) are often inexpensive but are sometimes criticized for having lower environmental "additionality" compared to building new projects. buying energy credits