We are working on a new building at a University that has an existing agreement with the utility to offset 96% of the energy used with utlity-owned solar farms, and all RECs are retired on the University's behalf. The program only allows additions/ changes during the month of the anniversary of the contract each year, which means the new building will not be part of the program until potentially a year or so after it goes online. Can we approach this from a campus point of view, and allocate part of the existing purchased power, or do we need to wait until the building is a full program participant?
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Dave Hubka
Practice Leader - SustainabilityEUA
LEEDuser Expert
406 thumbs up
August 10, 2021 - 10:13 pm
"...contracted to be operational within two years of building occupancy" is language from the v4.1 Renewable Energy credit and may apply in this instance.
So my guess is that GBCI will allow you to allocate part of the existing purchased power and NOT wait until the building is a full program participant. They'll probably request a signed statement of committment from the owner similar to the signed TSLA of the Core & Shell rating system.