The Starion Energy Blog

What Are Renewable Energy Credits? Every Renewable Energy Credit represents one megawatt-hour of renewable energy added to the grid. Sources of renewable energy can include solar, wind, hydroelectric, or even nuclear and natural gas generation facilities. RECs aren’t really a unit of energy, but rather a certificate of the attributes related to the energy source. Some of the information recorded on Renewable Energy Credits are: ? The renewable facility’s location and build date. ? A unique identification number and certificate type. ? Eligibility for certification under the applicable RPS. Additional data may include the emissions rating of the renewable facility, generation type, project name, and total capacity. How Do Renewable Energy Credits Work? An electrical…

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According to EnergyManagerToday.com, the study, which was released on March 2nd, found that consumers in deregulated energy environments are significantly more engaged, and ultimately more satisfied, with their energy suppliers. One of the recurring themes was that electricity and energy suppliers in deregulated market “had a far better reputation than those in regulated markets.” In a study that surveyed over 1,000 U.S. utility ratepayers, about 68% of those in deregulated markets said they were satisfied with their providers, compared to just 51% in regulated markets. Similarly, if predictability and consistency are important to you, then deregulation is right for you, too. Approximately 62% of consumers whose energy suppliers competed in a deregulated environment knew…

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