There is much talk about renewable energy credits, but do you really know what these green tags are all about? In simplest terms, one of these renewable energy credits is a documented proof one megawatt hour of electricity was derived from a renewable energy source. These credits may then be bought and sold, and ultimately the owner of one of these credits has the authorization to claim ownership of renewable energy.
Industries initially eyed renewable energy credits with apprehension, but when tax incentives actually made the ownership of renewable energy a much coveted transaction, they quickly came on board with the idea and changed their ways of doing business. In return, the renewable energy credit program successfully brought about the changes in big business they sought.


