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RECs Explained

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By Christine Penny
Principal, Green Initiatives, Constellation

There is some confusion in the marketplace today about what a Renewable Energy Certificate (REC) is and how purchasing RECs can provide value to businesses that are interested in enhancing their commitment to the environment. RECs are an easy, efficient way for businesses to show support for renewable energy generation.

Below shows how a REC is produced. Click on the image to enlarge. For more information on renewable energy, go here.

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Live from GreenGov: Innovative Federal Solutions on P3 and Third Party Financing

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By John Dukes
Executive Director, Federal Energy Efficiency, Constellation

A recurring theme throughout this year’s GreenGov Symposium is the impact that public-private partnerships can have on the government’s abilility to innovatively manage energy. I was honored to serve as a subject matter expert during a panel about leveraging private capital for federal projects at GreenGov 2012 yesterday, alongside thought leaders from the U.S. Army, SAIC, White House Office of Social Innovation and Civic Participation, and the White House Council on Environmental Quality.

One way that agencies are seeing success is through Power Purchase Agreements…
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How Can You Achieve Energy Efficiency Goals With Limited Resources?

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By Greg Fox
Director of Business Development for Efficience Made Easy, Constellation

In today’s challenging economic climate, most businesses see the importance of reducing energy consumption and lowering energy costs. Yet, insufficient capital funding, market uncertainty, changes in government regulations/mandates, and lack of dedicated staff continue to be obstacles to achieving these goals.

This past Wednesday, I was honored to join Jacqueline McIlrath, manager of national customer markets for Edison Electric Institute (EEI), in a conversation about how to strategically implement energy efficiency projects with almost 300 energy consumers during a webinar that we…
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Leading Hotel & Resort Brand Offers Sustainable Lodging & Meeting Space

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By Kim Weaver
Senior Business Development Manager, Constellation

Event, building and operations managers in the travel and hospitality industry have many options to evaluate when it comes to reducing energy costs and meeting sustainability goals. What are the costs to make facilities more energy efficient? Do load response programs affect your daily operations? What impact can one property make for a business with multiple locations?

Watch the video below to find out how three Hilton family brand hotels have been able to reduce their environmental impact –taking the equivalent of 818,000 cars off…
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New Solar Bill Passed in New Jersey Changes State’s Renewable Portfolio Standards

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By Anne Lindner
Vice President, Energy Policy – Mid Atlantic

A new bill (S1925) was signed into law in New Jersey recently, which changes the state’s Renewable Portfolio Standards (RPS) requirements beginning in the 2014 compliance year (June 1, 2013-May 31, 2014).  The legislation was introduced as an attempt to bolster the solar industry in New Jersey, which has experienced some volatility due to an over-build of solar facilities in New Jersey.  It is projected that this legislation will increase the demand for Solar Renewable Energy Credits (SRECs) and therefore provide some stability to solar developers in New…
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Strategic Load Response: Uncovering the Real Value of Megawatt Reduction

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By Chris Cantone
Vice President of Load Response Sales, Constellation Energy

Under today’s market conditions, people may find it difficult to piece all the information together in order to determine the many possible impacts they may have on their business. The same is true within the Demand Response market. Customers that have the ability to reduce their load consumption may not be aware of the “options” available to them, in particular, the difference between Demand Response and Load Response. Last week, I was honored to join Marianne Hedin, senior analyst of Pike Research, in a conversation about the common myths as well as new, innovative programs with more than 200 energy consumers during a webinar Constellation presented with Environmental Leader.…
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