Tier 2-Renewable electricity and EACs

They are separate. Tier 2 (50%/5 points) is for off-site renewable energy systems where the LEED project either owns or buys this power under contract. Tier 3 is for buying RECs. 

Further to the original post, could someone dissect and interpret this line in the Tier 2 description, please?

• Green-e Energy certification or equivalent is required for one-time purchase and delivery of EACs of more than 100% of the project’s annual electricity use

You have to either retain or replace the RECs (which are a form of EAC) for off-site renewables. If you are buying more than 100% of the annual electircity use under contract then those RECs must be Green-e or equivalent.

Hi - looking for some help. Is the following interpretation correct?:

if the renewable electricity procurement strategy for a LEED project does not have Tier 1 (on-site), and there is no purchase of tier-2 renewable power (off-site), and the only source of renewable energy is via EACs (RECs) trhough virtual Power Purchase Agreements (>10 years, no actual power is purchased, only the EACs) to match 100% of the project's energy use, then only Tier 3 is applicable in this case and the maximum points that can be achieved is 3?

That is correct.

Hi,
Please clarify that an International Renewable Energy Certificate is equivalent to a Green-e Certificate and it can be used in India to claim the offset of scope 2 to gain the points.

They have not been granted a blanket equivalency and the project would need to demonstrate equivalency to qualify under Tier 3.