The Missouri Public Service Commission (PSC) approved a proposal by Ameren Missouri to update a voluntary program which gives consumers the opportunity to finance the purchase renewable energy credits (REC). Ameren charges customers $15 per credit, including the ability to purchase amounts equal to their monthly usage or select a set number of RECs per month. The PSC said that price was about average for such programs in the United States.
Renewable energy credit
The importance of getting the REC markets right.
The feds are ready to replace disjointed state policies with a coordinated national renewable energy credit market. Treating low-carbon energy consistently will promote investment in renewables.
The complex financial analysis that has driven renewable energy investment has become the standard for assessing all potential electric generation investments.
Tax incentives, renewable portfolio standards, and the creation of renewable-energy credits and carbon constraints are no longer separate considerations when assessing renewable-energy projects. The convergence of these economic considerations will affect the value proposition for every potential generation investment in the United States.