Carbon Offset Credit Platform
For small solar microgenerators in Alberta
Solar Club™
Our Solar Club™ is a unique loyalty program designed specifically for small solar micro-generators in Alberta’s deregulated market. Members get access to exclusive High and Low export electricity rates, cash back on all energy imported from the grid, and free Renewable Energy Certificate (REC) offsets equivalent to 50% of the energy imported.
Now with our Carbon Offset Credit Platform, Members can truly maximize the value of their solar PV systems!
Participation is Easy
Just 3 simple steps
Green Alberta Energy is proud to offer a Carbon Offset Credit Platform designed specifically for small solar microgenerators in Alberta! As a small microgenerator, this is an opportunity for you to improve the return on your solar investment by being paid for the carbon offset credits generated by your solar PV system.
Participation in our Carbon Offset Credit Platform is easy! In just three easy steps, you can be on the way to generating and selling your carbon credits.
- Choose either a fixed price or variable price and register using the online form. Our aggregators will assess your enrollment and determine if you qualify to participate.*
- Run your system as normal until the verification period, at which point your credits will be verified and serialized for trading on the open market.
- Receive your first annual payment for your carbon credits!
* Eligibility is based on ownership of the credits, and that the credits have not been sold to any other party by way of certain financial incentives applied for and received at time of installation.
Variable Price
You will be paid based on market prices per carbon credit.
Leverages Re(source)’s COAST platform for daily monitoring.
Frequently Asked Questions
A carbon credit (aka carbon offset) is a tradable certificate that represents a one-tonne reduction in or removal of carbon dioxide or carbon dioxide equivalent (CO2e). Carbon credits are generated from projects, such as your solar system, that prevent emissions that would have taken place without the project.
- 1 credit for every 2,000 kWh (i.e. a system that generates 10,000 kWh annually will earn approximately 5 credits)
- For every 1 kW in nameplate capacity, your system will generate approximately 0.7 credits (i.e. a 10 kW system will generate approximately 7 credits per year)
Carbon is a commodity, and the market price is based on demand and supply. As the market price for carbon changes, your annual return from the program will adjust accordingly.
Solar Offset, Rewatt Power, and Re(source) sell your carbon offset credits into the market each year of the program, returning to system owners a percentage of the market sale rate per credit (see “What are ‘Commission Costs’?” for more information) over the program period.
