A Renewable Energy Certificate (REC) is a market-based instrument that certifies the generation of one megawatt-hour (MWh) of electricity from a renewable energy source like solar, wind, hydro, biomass, or biogas. RECs represent the environmental benefits of renewable energy generation.

RECs track and support renewable energy production because once electricity enters the grid, it becomes indistinguishable from other sources. RECs allow you to verify and support clean energy amid the mix of conventional power.

RECs are generated from renewable energy sources such as wind, solar, hydro or biomass. Each time a renewable energy source produces one megawatt-hour (MWh) of electricity, one REC is created.

RECs can offset Scope 2 emissions, which are the indirect emissions from using electricity in your operations, such as powering your office or manufacturing equipment.

Each REC represents 1 MWh of electricity generated from a renewable energy source. Hence, by acquiring RECs, you can offset Scope 2 emissions equivalent to your electricity consumption and work toward achieving your renewable energy targets, ultimately supporting your net-zero goals.

All RECs supplied by Saxon Renewables are sourced from certified renewable energy projects and registered with recognized bodies like I-REC or TIGR, ensuring they meet international standards and deliver real environmental benefits. As an authorized EKOenergy label provider, we also offer RECs certified by EKOenergy, helping you achieve sustainability goals with a single, high-quality certification.

While RECs themselves are not directly tied to reporting frameworks, our team is well-versed in sustainability disclosure requirements, including CDP and SBTi. We help businesses navigate these frameworks by ensuring that their REC procurement aligns with their broader decarbonization strategies and corporate sustainability goals.

When you acquire RECs from Saxon Renewables, you are acquiring the environmental attributes of renewable energy generation. We partner with renewable energy project owners who generate RECs, and then we supply these RECs to you, ensuring that every REC you acquire is credible and contributes to your sustainability efforts.

The price of RECs can vary based on factors such as the type of renewable energy source (technology), the year of manufacture (vintage), the volume (number of RECs), and market dynamics of supply and demand. For specific pricing details tailored to your needs and volume, please contact us directly. Our team will provide you with a customized quote and help you understand the best options for achieving your sustainability goals.

If you own a renewable energy project or have installed solar panels on your rooftop, you can monetise your investment by selling the RECs generated from your renewable energy production. This allows you to create an additional revenue stream while contributing to global sustainability efforts.