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Baldwin City weighs selling banked renewable energy credits; council delays decision
Summary
City staff estimated banked renewable energy credits (RECs) have an unsold value of about $29,000 and outlined options to sell, bank or retire them. Council members asked whether selling would affect marketing as a "green" city or eligibility for grants and asked staff to get more KMEA guidance before deciding.
City utility staff told the Baldwin City Council the city has banked renewable energy credits (RECs) from past community solar projects and estimated the unsold credits have a current market value of about $29,000.
The presenter explained the city can retire RECs (keep the claim to use renewable energy), sell them for revenue, or continue to bank them. "There's been some talk about whether or not you guys would like to monetize those,"…
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