Vermont Public Radio reported on a counter-intuitive situation in that state which reflects how complicated energy markets are: (The whole story is here)
Washington Electric Co-op, a small member-owned utility based in East Montpelier, Vermont, sells energy credits from a wind project in Sheffield and landfill gas generators in Coventry, both to boost renewable projects and to make some money. Alas, the value of those credits has fallen as more renewable energy systems come online (think “supply and demand”), so the Co-op is having to raise rates to make up the difference.
Renewable energy credits, or RECs, are kind of complicated; the story gives a good explanation.
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