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PSNH earns Renewable Energy Certificates, or RECs, as a result of producing energy from approved renewable energy sources and technologies. These RECs can then be sold or traded to electric suppliers and utilites without sufficient renewable energy resources of their own. RECs are in high demand in an emerging energy market. States such as Massachusetts and Connecticut have mandated that their electric suppliers add renewable energy — commonly known as “green power” — to their energy portfolios. As a certified green power supplier, PSNH will use proceeds from the sale of RECs to help offset the cost of The Northern Wood Power Project.
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