Holt, Edward; Wiser, Ryan; Bolinger, Mark - 2008
policy. Because of the recent appearance of RECs, legislation and regulation mandating the purchase of renewable energy has … contracts pre-date the existence of RECs, and therefore do not address REC ownership. In both of these instances, the issue of … states, both parties to QF contracts have a lot at stake: either additional cost to a utility if RECs are awarded to the QF …