If a project purchases more green power than it needed, could a separate project use the "unassigned" RECs purchased for that first project if the contract dates are before the year the second project will be occupied? For instance, if the REC dates for the first project are 2009 and 2010, and the second project won't be occupied until 2011, will those RECs count towards LEED? How does this work for universities or other large institutions that purchase enough kWh to ‘cover’ several individual buildings?
Thank you!
Lana Malone
Director of Business Development- Green Building Team LeaderRenewable Choice Energy
120 thumbs up
November 4, 2010 - 4:37 pm
Hi Linda!
If the University purchased more Green Power than needed on a particular project, then the extra RECs could technically be applied towards another project, as long as the project was registered with the USGBC before the REC signed contract date. Green Power
can be purchased to achieve the LEED Green Power credits from any point from the initial registration of the project, all the way up to the final submission of the project. Many universities and larger institutions purchase RECs in bulk if they have several registered LEED projects, and they can divvy out the appropriate amount to different projects as needed. We have done this with many clients, and we generate separate LEED submittal documents as the projects request them.
Hope this helps!