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County approves renewable energy credit deal despite concerns about one-sided contract terms
Summary
Rockingham County approved a renewable energy credit (REC) sale and purchase agreement with Norwood Energy covering 03/12/2026–12/31/2028 (2% of sale price or at least $0.50 per REC). Commissioners voiced concern that contract language was one-sided but voted to approve to avoid losing market opportunities.
The Rockingham County Board of Commissioners approved a renewable energy credit (REC) sale and purchase agreement with Norwood Energy covering the period from March 12, 2026, through Dec. 31, 2028. The agreement sets county compensation at 2% of the sale price or a minimum of $0.50 per REC, with automatic one-year renewals.
Commissioners and staff debated whether to table the contract…
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