Do you have solar panels? Do you pay for your solar panel electricity under a power purchase agreement? If so, we would like to hear from you. You may be unknowingly paying for other companies to pollute. Tycko & Zavareei is investigating complaints that third parties who install or lease solar panels are then selling the credits this green electricity generates to companies who can then pollute even more.
Many consumers choose to install solar panels with the goal of being more environmentally friendly and reducing their carbon footprint. In many states, using rooftop solar panels will earn the user a Renewable Energy Certificate (REC), which notes how much clean electricity is produced from the solar panel. But when panels are leased or installed under a power purchase agreement, a third-party owner (not the homeowner) receives the REC, which can then be sold to other companies, who take credit for the homeowner’s environmentally-friendly energy usage and relabel their dirty power as “renewable energy.”
This double counting can be deceptive and unlawful. If you purchased or leased solar panels and want to know if your solar power company is selling your RECs to enable other companies to misclassify their dirty power as “renewable,” please fill out the contact form below and someone from our firm with contact you. You may also call our firm directly at (202) 973-0900.