Tesla Motors Club
Hi there. Can someone explain the Renewable Energy Credit Agreement?
I received payment details for a solar glass roof and in it is a Renewable Energy Credit of $x dollars. If I take this credit, am I basically giving these RECs away for Tesla to sell any RECs the PV system generates? Or is a one time credit/rebate and I still OWN any RECs my PV system generates after it is officially on and I can still sell to third party? FYI, I am located in NJ. When I talked to Tesla Energy, they said I STILL own the RECs but reading the agreement, it sounds like I give up the rights of any RECs generation to Tesla Energy to do whatever with it.
Thanks in advance.
I received payment details for a solar glass roof and in it is a Renewable Energy Credit of $x dollars. If I take this credit, am I basically giving these RECs away for Tesla to sell any RECs the PV system generates? Or is a one time credit/rebate and I still OWN any RECs my PV system generates after it is officially on and I can still sell to third party? FYI, I am located in NJ. When I talked to Tesla Energy, they said I STILL own the RECs but reading the agreement, it sounds like I give up the rights of any RECs generation to Tesla Energy to do whatever with it.
Thanks in advance.