Sugarloaf Resort Switches To 100% Renewable Electricity with Renewable Energy Credits
Sugarloaf Resort is one step closer to achieving carbon neutrality by 2030 with the purchase of Renewable Energy Credits (RECs) by our corporate resort family Boyne Resorts. Purchasing RECs will offset 100% of our electricity use, enable Sugarloaf Resort—as well as all other Boyne Resorts—to source our electricity from 100% renewable energy.
This first step towards more sustainable operations signifies our company's commitment to the local and national environment.
What Are Renewable Energy Credits?
Renewable energy certificates represent the energy generated by renewable energy sources such as solar or wind power facilities, but buying RECs is not equivalent to buying electricity; instead, RECs represent the environmental, social, and non-power attributes of renewable electricity generation to purchasers. In other words, renewable energy credits—paired with electricity from the grid—is renewable energy that is being generated on our behalf.
RECs are issued per megawatt-hour (MWh) as renewable energy resources are created to be delivered to the electricity grid, which helps energy companies organize where their energy is coming from on paper:
1 REC = 1 megawatt-hour of renewable energy purchased
Why are RECs beneficial?
- RECs provide a direct investment in renewable energy projects and infrastructure
- Help diversify the nation’s energy portfolio by increasing demand for more renewable energy sources.
- Transitions the national energy grid towards a lower carbon footprint, thus producing less GHG emissions.