energy credit
Utility bill offset
An energy credit is a tradable certificate representing a unit of renewable or clean energy produced, allowing companies to offset their carbon footprint or meet regulatory requirements without generating the energy themselves.
In science fiction, energy credits often serve as a universal currency: The ship repairs cost twelve thousand energy credits.
The term also appears in utility billing for excess power sold back to the grid.
- carbonSixth element, atomic symbol C
- offsetCompensate by opposing force
- cap and tradeLimits plus tradable allowances
- renewableCapable of restoration
- tradingExchanging for value
solar · rooftop solar · emission · allowance · certificate · rebate · tax break · voucher · green · power · power grid · kilowatt · grid · subsidy · incentive · quota · cap · exchange
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