As organizations actively participate in the energy transition, many seek renewable energy electric projects and contract options to meet sustainability objectives. KOBIONA advisors navigate our clients through the renewable energy supplies marketplace, aligning you with the best-fitting green solution.
Renewable Energy Credits (RECS) are financial market instruments. Properties with solar arrays have familiarity with RECs and their value in the marketplace. RECs represent the ownership rights of renewable energy generation. They can be included in or isolated from retail energy supply contracts.
Also available in the renewable energy utility marketplace are Virtual Power Purchase Agreements (VPPAs) and Power Purchase Agreements PPAs). These agreements have their own set of embedded risks and rewards. PPAs are typically entered into by a large energy consumer and a renewable power developer. The consumer commits to using the energy produced by the renewable generator for a set period at a fixed price.
VPPA agreements act solely as a financial market instrument. VPPA contracts provide Renewable Energy Credits (RECs) from a specific renewable energy utility project. These agreements can be complex and complicated to negotiate. KOBIONA can help you navigate this process with confidence.
Going green with renewable energy is achievable with the right team to guide your efforts. Options exist among third-party energy suppliers for 100% renewable energy electricity supply contracts.
If you are interested in green options, contact an advisor today to learn more.