Understanding I-RECs for C&I Power Buyers to Meet Renewable Mandates

As businesses worldwide face increasing pressure to adopt renewable energy, International Renewable Energy Certificates (I-RECs) have emerged as a powerful tool for Commercial and Industrial (C&I) power buyers. I-RECs allow businesses to track and claim renewable energy usage, even when direct access to clean power sources is limited.

This guide breaks down I-RECs, how they work, their benefits, and how they help businesses meet renewable energy and sustainability mandates efficiently.

What Are I-RECs?

I-RECs are globally recognized renewable energy certificates that prove electricity was generated from renewable sources such as solar, wind, hydro, and biomass. They serve as traceable proof that businesses are using clean energy, even if they operate in regions where direct renewable energy procurement is challenging.

How I-RECs Work

Renewable energy is generated by a certified power plant.
An I-REC is issued for each megawatt-hour (MWh) of electricity produced.
Businesses purchase I-RECs to claim their renewable energy usage.
I-RECs are retired once used, ensuring transparency and preventing double counting.

Why C&I Power Buyers Should Consider I-RECs

1. Compliance with Renewable Energy Mandates

Many countries and regulatory bodies mandate businesses to reduce carbon footprints. I-RECs help C&I power buyers meet sustainability goals without requiring on-site renewable infrastructure.

2. Supporting Carbon Reduction & ESG Targets

I-RECs contribute directly to corporate ESG (Environmental, Social, and Governance) strategies, demonstrating commitment to Scope 2 emissions reduction under global carbon accounting frameworks.

3. Cost-Effective Renewable Energy Adoption

Installing renewable energy systems like solar or wind can be costly. I-RECs offer a flexible, low-capital path to clean energy adoption.

4. Transparent Energy Tracking

I-RECs are issued through a secure, standardized system that ensures transparency and accountability. This makes them reliable proof of renewable energy claims in sustainability reports and carbon audits.

5. Global Reach & Accessibility

For multinational corporations operating across multiple markets, I-RECs offer an easy way to standardize renewable energy procurement across locations without requiring complex infrastructure changes.

How C&I Businesses Can Use I-RECs Effectively

Step 1: Assess Your Energy Needs

Calculate how much electricity your business consumes and determine how many I-RECs are needed to meet your renewable energy targets.

Step 2: Purchase Certified I-RECs

Choose an authorized I-REC provider to buy certificates from renewable energy projects that align with your sustainability strategy.

Step 3: Report and Communicate Sustainability Efforts

Use I-RECs to report carbon reductions, enhance ESG performance, and communicate your renewable energy usage in corporate sustainability reports.

Step 4: Integrate with Broader Decarbonization Strategies

While I-RECs are a great tool, businesses can also explore on-site solar solutions, PPAs (Power Purchase Agreements), and energy efficiency initiatives for a comprehensive sustainability approach.

How Enerparc Energy Can Help

With extensive experience in renewable energy solutions, Enerparc Energy supports businesses in adopting I-RECs as part of their clean energy transition. Whether you need I-RECs procurement, on-site solar solutions, or end-to-end decarbonization strategies, we provide tailored solutions that align with your business goals.

Why Choose Enerparc?

• Extensive experience in global renewable energy implementation
• Tailored I-REC procurement strategies for C&I clients
• Expertise in on-site solar and integrated decarbonization planning
• Trusted by industry leaders for scalable, efficient solutions

Frequently Asked Questions (FAQs)

Are I-RECs accepted globally?
Yes, I-RECs are recognized in over 50 countries and follow international renewable energy tracking protocols.

Can I use I-RECs for Scope 2 emissions reporting?
Absolutely. I-RECs are widely used to report Scope 2 emissions reductions in sustainability and ESG disclosures.

Do I need I-RECs if I already have on-site solar?
On-site solar reduces your grid electricity usage. But if you still draw power from the grid, I-RECs can help offset that remaining portion to achieve 100% renewable energy coverage.