Understanding How Clean Energy Attributes are Validated
Chariot Energy offers Renewable Energy Certificates (RECs) as a structured, verifiable tool for customers who want to align with sustainability goals while maintaining flexibility in their energy contracts.
Chariot doesn’t overstate what RECs can do, but instead integrates them when it makes sense, whether at the residential or large industrial customer level.
A Renewable Energy Certificate (REC) is a market-based instrument that represents the environmental benefits of one megawatt-hour (MWh) of renewable electricity. When the clean energy generated by a facility is into the grid, a REC is created. This provides businesses and homes an option to stake claim to renewable energy.
Think of the grid as a swimming pool. At one end of the pool, people are pouring cups of water in, while at the other end, people are scooping cups of water out. The grid is the same way, just replace the ones dumping water in with power plants and the ones taking it with homes and businesses. There is no way to promise a consumer will get a full scoop of clean energy from the grid. By purchasing RECs – they can stake their claim.
RECs are:
Verified and issued through recognized tracking systems
Separable from the physical electricity sold
Used to support carbon accounting and sustainability reporting
Widely adopted in Scope 2 emissions tracking frameworks
They provide a way to support clean generation when on-site production or direct power purchase isn’t feasible.
Chariot utilities RECs in cases where traceable green energy sourcing is requested by a consumer.
Chariot’s RECs:
Support interim decarbonization goals
Provide compliance-friendly reporting credit for Scope 2 targets
Ensure full coverage of renewable claims
Chariot Energy’s RECs are sourced through trusted registries and aligned with the voluntary and compliance markets it serves.
Chariot Energy educates customers on the differences between RECs used for verifiable clean energy support and those used as marketing gimmicks. With Chariot, you can rest assured you’ll know where your RECs come from and how they will fit into your larger energy strategy.