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Renewable Energy Certificates�What are they?�How can we use them?

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What is a Renewable Energy Certificate?�A REC is a tradeable market-based instrument that represents the property rights to the environmental attributes of renewable electricity generation.

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What creates a market for RECS?�

  • State Renewable Portfolio Standards (RPS)

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  • Private Company Sustainability Goals

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Renewable Portfolio Standards RPS

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https://youtu.be/ahz-w8bTL5k

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ELECTRICITY SAVINGS

Solar will save more than $2 million per year.

VALUE OF RECS

As much as $500,000 per year dedicated to Sustainability Fund

Exhibit 1 – Solar Savings and REC Generation

Dollar amounts are conceptual