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Voluntary REC Sales

 

The Voluntary Tier 1 Renewable Energy Certificates (RECs) Sales are exciting new opportunities to purchase NY Tier 1 RECs, allowing your organization to elevate your Green Energy Commitments and Environmental, Societal, and Governance (ESG) Goals to the highest levels.

With NYSERDA as your trusted partner, you can be confident of purchasing high quality Tier 1 RECs, from projects located in New York, and purchased through a competitive process. By purchasing Tier 1 RECs, your organization will also be supporting local renewable energy projects, unlike unbundled RECs from outside the State of New York. Join us in building a sustainable future. 

Key Benefits of NYSERDA Voluntary REC Sales:

  • Quality Assurance: Purchase high-quality NY Tier 1 RECs procured by NYSERDA through a competitive process.
  • Help New York State operate with New York Renewables: Support local renewable energy projects throughout our great State. 
  • Additionality Benefits: Claim all additionality benefits from renewable energy projects online post-January 1, 2015.
  • Climate Leadership: Help New York achieve its Climate Leadership and Community Protection Act (CLCPA) goals by choosing NY Tier 1 RECs.

By participating in our Voluntary Tier 1 REC Sales, your organization will not only contribute to New York's renewable energy landscape but also set a precedent for green energy adoption. Partner with NYSERDA to make a meaningful difference in creating a cleaner and more sustainable future for all.

Reasons to Voluntarily Purchase Tier 1 RECs

Voluntary Tier 1 RECs are a flexible and accessible option for organizations to reduce their carbon footprint and support renewable energy development in New York State. This approach will provide direct benefits to achieving the goals of the Community Leadership and Community Protection Act. Purchasing voluntary Tier 1 RECs from NYSERDA comes with several benefits.

  • Buy with confidence and trust: NYSERDA is the largest purchaser of Tier 1 RECs, which are bought from New York-based generators and help achieve the State’s clean energy goals. NYSERDA purchases Tier 1 RECs from developers through a competitive Request for Proposals (RFP) process.
  • Technology neutral: NYSERDA supports a diverse supply of clean energy, including wind, solar, and hydropower generation, through its Tier 1 RFP procurement. 
  • Support and claim additionality: All Tier 1 renewable energy projects have come online since January 1, 2015. Purchasers of Tier 1 RECs can immediately claim the environmental benefit of the Tier 1 RECs from currently operating projects.

What’s a Tier 1 REC?

Tier 1 RECs are the environmental attributes derived from the energy production of one megawatt-hour (MWh) by Renewable Energy Standard (RES)-eligible electric generation sources. These resources first entered commercial operation on or after January 1, 2015. One Tier 1 REC represents the energy production of one MWh. The initial Clean Energy Standard order, accessible on the CES homepage, identified RES-eligible resources and other requirements.