San Marcos to offer Renewable Energy Credit Program
Austin American-Statesman
City offers energy credit program
The city of San Marcos Electric Utility is offering registration for the new City Council-approved Renewable Energy Credit Program beginning Saturday. The program will allow customers to purchase energy that has been metered and verified from renewable sources, including wind and solar power.
A Renewable Energy Credit represents one megawatt hour of renewable energy. Purchasing a number of RECs that equal the number of megawatt hours of energy used allows customers to power residences or businesses with 100% renewable energy.
Customers who choose to enroll in the Renewable Energy Credit Program will see a “Renewable Energy Adder” charge on their monthly bill. The additional $5/1,000 kWh charge covers all costs associated with RECs, including transaction and administrative fees for buying, tracking, recording, and retiring the credits. Customers that do not elect