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Renewable Energy Certificates (RECs) purchased for FY15

Posted by Morgan White on September 18, 2014

  • PEI bought 20,000,000 kwh for FY15. 
  • They are MISO Wind RECs. 
  • Without Petascale, this represents 5.28% of projected electricity demand. 
  • Including Petascale, this represents 4.25% of projected electricity demand.  
  • A half year of the solar farm would bring this up to 5%.
  • The REC cost was $ 1.25 / MWH for a total of $27,000.