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Renewable Energy Credits & California Low Carbon Fuels Standard

Meet energy goals and lower your operation’s carbon footprint profile.

Renewable Energy Credits (RECs) and California’s Low Carbon Fuels Standard Program (LCFS) are designed to encourage renewable energy production and help facilities meet internal and external energy use mandates and carbon intensity targets for transportation fuels.

How Imperion Helps Businesses Benefit from RECs and LCFS Credits

  • Consultation Services for Buyers and Sellers
  • Credit Management and Monetization
  • REC and LCFS Roadmapping

The California REC and LCFS Programs are Complex – We Can Help Ensure Compliance for Maximum Benefit!

Give Us a Call to Get Started

(661) 412-4637
Maximizing Efficiency. Minimizing Costs.

How Renewable Energy Credits (RECs) Work

RECs are a commodity that represents the environmental benefits of renewable electricity.

1

Production

Renewable energy is produced by a source like a utility company, third-party renewable energy supplier (solar farm, wind farm, biomass holder, etc.), or private/public entity operating renewable energy systems.
2

Trade or Sell

Owners of the renewable energy system(s) can trade or sell their RECs as a commodity to other companies and operations for cash.
3

Purchase

Companies buy the credits on the open market to meet renewable energy regulatory compliance.

REC prices fluctuate based on changes to wholesale energy markets and geographic location and typically range from $8 for wind energy to over $200 for solar renewable energy credits (SRECs).

Energy & Sustainability Master Planning
Maximizing Efficiency. Minimizing Costs.

How Low Carbon Fuel Standards (LCFS) Work

LCFS is a Credit System for Transportation Fuels

1

Production

Transportation fuels that are produced in California must meet California’s carbon intensity targets.
2

Credits

Fuel supply equipment (FSE) owners that provide fuels with carbon intensities below the mandated threshold generate LCFS credits when the fuels are dispensed into vehicles. Fuels that can generate LCFS credits include but are not limited to: biofuels, renewable natural gas, and renewable/non-renewable electricity.
3

Offsets

These credits can be sold to conventional fuel producers to offset the carbon intensity of their fuel production to help them meet carbon intensity mandates.

Equipment and vehicle types eligible for LCFS: Electric light duty vehicles, eTrucks, eTRUs, RNG/EV Buses, eForklifts, EV Charging Infrastructure. An electric forklift can earn, on average, $1,360 per year when powered by low-carbon fuel. Electric delivery vans and trucks can earn $2,800, and an electric heavy-duty vehicle can earn $13K on average per year.

Why Implement a REC and/or LCFS Strategy?

  • Meet Internal Renewable Energy Mandates
  • Meet External Renewable Energy Mandates
  • Lower Your Operation’s Carbon Footprint
  • Qualify for Tax Credits & Incentives
  • Raise Cash

Who Can Benefit from One?

  • Food Production Facilities
  • Manufacturers
  • Transportation Companies
  • Logistics Companies
  • Utilities
  • Healthcare Facilities
  • Education
  • Retailers
  • And Many More

From Faraday Microgrid’s perspective, the Imperion team is unparalleled in the range and quality of work they provide. They are our first choice for facilities analysis, optimization, measurement and verification.

David Bliss, MDCEO, Faraday Microgrids

With Imperion’s help, we secured nearly $3 million in funding to upgrade our processing equipment… We’re now on track to save nearly a half million dollars a year in energy costs, and our employees, neighbors and families are benefiting from the significant reduction in emissions.

Armand NicholiCFO, OWB Packers

Imperion helped us secure just under $5.5MM in state grant funds to upgrade our baking facility’s industrial refrigeration system. I would highly encourage those seeking a trusted energy and/or sustainability advisor, to engage Imperion.

Sean LeeGeneral Manager, Jessie Lord Bakery

Imperion is overseeing our Scope 1, 2 and 3 GHG emissions reporting to help us establish goals to reach carbon neutrality within our supply chain. I cannot emphasize enough, the value they have brought to us and our operations.

Engineering ManagerFood Processing Facility

With a focus on reducing greenhouse gas emissions within the industrial sector, Skyven Technologies is delighted to work with fellow engineers and experts in the space. Imperion offers complimentary services to our own, allowing customers to achieve attractive returns for novel projects in the industrial and food processing space.

Arun Gupta, PhDFounder & CEO, Skyven Technologies Inc.

Imperion has been an excellent partner to our company since we engaged them in 2019. Their communication skills and project management capabilities have been instrumental to our team’s success and execution of complex projects. They routinely provide industry insights that allow us to make smarter and more strategic decisions related to our business, energy usage and carbon footprint.

Bill Honnef, PresidentOne World Energy

Find Out More About the Imperion Team