August 13, 2007 — EnergyWatch Inc, a full-service utility rate consulting firm based in New York City and serving energy users since 2000, announced that it will be offering green energy services to owners and managers of large real estate holdings.
EnergyWatch will assist clients with purchasing renewable energy credits (RECs) to offset a buildings carbon footprint. RECs can be purchased for far less than the cost of buying traditional renewable power. A REC is a subsidy paid to renewable power projects to enable them to sell clean energy at competitive market prices. Although the owner of the REC is not directly using renewable energy, they are enabling the injection of renewable energy into the national energy grid thereby supporting environmental change by economics, says the company. EnergyWatch provides the guidance companies need to pick a REC supplier that is compatible with each firm’s environmental objectives.
For more information, see the Web site.
