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.
Renewable Energy Credits & California Low Carbon Fuels Standard
Meet energy goals and lower your operation’s carbon footprint profile.
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!
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Maximizing Efficiency. Minimizing Costs.
How Renewable Energy Credits (RECs) Work
RECs are a commodity that represents the environmental benefits of renewable electricity.
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).
Maximizing Efficiency. Minimizing Costs.
How Low Carbon Fuel Standards (LCFS) Work
LCFS is a Credit System for Transportation Fuels
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