Green Tariff
A utility rate option that allows customers to pay for electricity sourced from specific renewable energy projects, often with a price premium or discount locked in for 10-20 years.
Why It Matters
If you cannot install rooftop solar (renter, shaded roof), a green tariff lets you support renewable energy and potentially lock in a fixed rate.
Related Terms
Community Solar
A shared solar installation where multiple customers receive credits on their utility bills for their share of production.
REC (Renewable Energy Certificate)
A tradeable certificate representing the environmental attributes of 1 MWh of renewable electricity generated. Utilities buy RECs to meet clean energy mandates.
Feed-in Tariff
A policy mechanism that guarantees a fixed payment rate for renewable energy fed into the grid, typically for a set period.