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Posted: October 19, 2021 (Draft)Master Renewable Energy Credit Purchase and Sale Agreement (DRAFT)1Posted: October 19, 2021 (Draft)MASTER RENEWABLE ENERGY CREDIT PURCHASE AND SALE AGREEMENTTABLE OF
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Illinois Renewable Energy Credits (RECs) are tradable, non-tangible energy commodities that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource.
Electricity suppliers and alternative retail electric suppliers in Illinois are required to file Illinois Renewable Energy Credits.
To fill out Illinois Renewable Energy Credits, suppliers must provide information on the amount of renewable energy generated, the source of the energy, and other relevant details.
The purpose of Illinois Renewable Energy Credits is to incentivize the production of renewable energy and help meet state renewable energy goals.
Information such as the amount of renewable energy generated, the source of the energy, and verification details must be reported on Illinois Renewable Energy Credits.
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