EFFICIENCY + SUSTAINABILITY
eliminate energy waste
Able Power Management helps clients understand how to create a portfolio that includes efficient, sustainable energy solutions. From reducing power consumption during peak demand, to Power Factor Correction and Retrofits, our team can build the right sustainability solutions into your program.
OUR SOLUTIONS
APM is partnered with a LED manufacturer to provide customers with quality products at the lowest price. By combining integrated technology, design, and manufacturing with an award-winning engineering team, we guarantee ultra-long product lifetimes beyond industry standards. Whatever the project, whatever the budget, we are committed to providing the highest level of quality and service.
Services offered plus more:
- Project Management
- RIO Analysis
- Design Services
- Rebate Acquisition
- Consultant/Surveys
- Photometric Layouts
- Proof of concepts tests
- Commissioning/Installation
- Materials Procurement
- Warranty Support
Renewable Energy Credits (RECs) represent the environmental attributes of electricity generated from renewable energy sources, such as wind, solar, and hydro. RECs allow businesses and individuals to support renewable energy generation, even if they are not directly connected to renewable energy facilities. The process and implications of purchasing RECs differ between regulated and deregulated electricity markets.
In both regulated and deregulated markets, consumers can support renewable energy by purchasing RECs. In regulated markets, options are often limited to utility programs or independent REC purchases, while in deregulated markets, consumers have more flexibility and choice in selecting green energy plans from competing providers. Overall, purchasing RECs is an effective way to promote renewable energy development and reduce carbon footprints, regardless of the market structure.
Key Considerations in
Regulated Markets:
- Consumers
cannot choose their electricity provider but can still purchase RECs to
support green energy.
RECs in Deregulated Markets
In deregulated markets,
electricity generation and retail supply are separated from the distribution
and transmission services. Consumers can choose their electricity provider from
a range of competing companies, including those offering renewable energy
products. The purchase of RECs in deregulated markets can occur in the
following ways:
- Green
Energy Retail Plans: Consumers
can choose to purchase electricity from a retail energy provider (REP)
that offers green energy plans. These plans often bundle RECs with the
electricity sold, allowing consumers to support renewable energy directly
through their choice of provider. In this case, the REC purchase is
integrated into the customer’s monthly electricity bill.
- Direct
REC Purchases: Just
as in regulated markets, consumers can also buy RECs independently from brokers,
retailers, or REC marketplaces. This is common for large businesses or
organizations aiming to meet sustainability goals. By purchasing RECs,
they can claim their electricity consumption is effectively from renewable
sources, even if their energy provider does not offer green options.
Key Considerations in
Deregulated Markets:
- Consumers
can choose from various energy providers, including those that offer green
energy plans with RECs included.
- Greater
competition often leads to more affordable and innovative green energy
products, making it easier for consumers to participate in renewable
energy markets.
Find something interesting?
Let us know how we can help build a smart energy strategy that gives you long-term results!