The Process of Surrendering Renewable Certificates.

Certificates , For Your Business ,

Written by KatieTebbatt 02 Nov,2022

Mandatory Surrender.

(Primarily for energy retailers)

Liability: Informed of your Scope 2 Renewable Energy Certificate (REC) Liability.
Purchase: Procure LGCs at an agreed $ rate from Ecovantage.
Transfer: LGCs are transferred to the company in the Renewable Energy Certificate (REC) Registry by Ecovantage.
Accept: The Company accepts the LGC transfer in the REC Registry.
Retire: Surrender/Retire LGCs in the REC registry, for the required year, to acquit an LGC liability.

Calculate: Calculate Carbon Emission Value (Scope 1, 2 & 3), with the assistance of Ecovantage’s experienced team.
Purchase: Procure LGCs at an Agreed Rate from Ecovantage, or use self-produced LGCs from Renewable Energy Production.
Transfer: LGCs are Transferred to the Company in the Renewable Energy Certificate (REC) Registry, or can be held by Ecovantage to be traded.
Accept: The Company accepts the LGC transfer in the REC Registry.
Retire OR Trade

Surrender/Retire LGCs in the REC registry, for the Required Year, to Offset Carbon Footprint. (Scope 2 Emissions)

Sell acquired LGCs at a profit.

Align with a cause that syncs with the company’s values and mission – Choose the carbon credit that’s right for the company.

Surrender/Retire Purchased ICCUs to Offset Scope 1, 2 & 3 Emissions.

Download our Process of Surrendering Renewable Certificates flyer