Renewable Energy Credits
Renewable Energy Credits
Through Cobb EMC’s Renewable Energy Credit (RECs) program, residential and commercial members can go green by purchasing and retiring RECs generated from renewable sources. This initiative allows members to support sustainability and solar energy growth without any extra work.
- Most renewable projects send their power to the same electric grid as non-renewable energy sources.
- When you buy power from the grid, you are getting that commingled power.
- Buying RECs allows Cobb EMC members to notionally “re-segregate” that power, so that the renewable power is dedicated only to the participating member.
- Each REC is independently tracked and verified.
How much does the REC Program Cost?
Residential and commercial members can choose 25%, 50%, 75% or 100% of their monthly energy use to come from renewable resources. Depending on the member’s energy use, an additional charge of $.01 or $.005 per kWh will be charged to the monthly bill. This charge will fluctuate each month as the energy use fluctuates. See chart below for the pricing structure.
Cost of RECs per month
First 25,000 kWh
Electric use above 25,000 kWh
View more information about how RECs are calculated.
Frequently Asked Questions
What is a REC?
A Renewable energy credit (REC) is a certificate representing the intangible environmental attributes created from energy generated by renewable sources. One REC is issued for each megawatt hour of renewable electricity produced by a qualifying renewable asset.
Is this in addition to my electricity cost?
Yes, your REC usage will be an additional cost on your electric bill.
How do I determine how much to purchase?
Members can purchase 25%, 50%, 75% or 100% of their monthly usage in RECs and can change the desired RECs percentage at any time. Any changes will go into effect in the following month’s billing period.
Will it be on my bill?
Yes, each bill will show you how many RECs were retired on your behalf and the cost.
What does it mean to retire a REC?
Cobb EMC retires a REC once it has been used by a member. Once retired, it can no longer be sold.
Do I have to sign a contract?
No, you do not have to sign a contract. Enrollment in the RECs program can be discontinued at any time and members will only be responsible for the current billing period.
Is there a term?
No, the RECs program has no term commitment.
Where are the solar panels?
The RECs will come from one of the renewable energy facilities in Georgia that Cobb EMC partners with.
Can I resell the RECs?
No, you cannot resell the RECs. Once sold, RECs are retired and cannot be re-sold or transferred to anyone.
I would like to talk to someone about this in detail. Who can I talk to?
We have designated experts that can answer additional questions. Please submit this form and one of our energy experts will contact you.
Where is the money from my purchase of RECs each month going?
Each REC purchase helps increase the demand for renewable energy and supports the development of new renewable energy projects.
Are Renewable Energy Credits tax deductible?
No, the purchase of RECs is not tax deductible.
Have a question or just want to chat with a Cobb EMC member care representative?