Energy Efficiency Certificate (EEC) Development, Monetization, and Retirement
An Energy Efficiency Certificate (EEC) is an instrument issued by an authorized body, such as Neuwing, that represents the environmental attributes (CO2, SO2, NOx, and other emissions) derived from reducing electricity use from energy efficiency projects.
Neuwing creates one certificate for each megawatt-hour (MWh) of verified energy savings saved. Each certificate is a unique and traceable commodity that carries a property right over the energy savings and guarantees that the benefit of these savings has not been accounted for elsewhere thus providing an auditable and precise mechanism for companies to report on their sustainability improvements associated with energy efficiency.
EECs may be created from a variety of sources of energy use reduction including: heating, ventilation and cooling (HVAC), lighting retrofits, building management systems, data center consolidations and virtualizations, cogeneration.
Neuwing works with clients that are planning to implement or have already implemented building retrofits or any other energy saving project to quantify, register, sell and/or retire EEC's.
Benefits of Voluntary EEC's
Financial Returns
- Neuwing uses EEC documentation and its regulatory expertise to maximize client's financial incentives from state and utility incentive programs for energy efficiency.
- In Connecticut, Neuwing creates and sells CT Class III RECs on client's behalf.
Reporting
- A precise and auditable mechanism for CSR reporting associated with energy efficiency
- Accurate accounting of energy savings
- Precise measurement of CO2 reductions
Transparency and Integrity
- Assures reductions are real and permanent by issuing a unique and traceable serial number on each certificate
- Provides essential transparency for shareholders, consumer advocacy groups, and other stakeholders through APX's North American Renewables Registry
Neuwing's Differentiation in the Compliance Market
- Risk Reduction: Neuwing will guarantee a set price for CT Class III RECs for 3-5 years thus creating predictability and eliminating the risk of price fluctuations.
- Best Price Execution: Neuwing has direct access to Load-Serving Entities that are required to purchase CT Class III RECs. We will never use a broker. This save's our clients 6%-8% in unnecessary commission charges.
- Proven: In terms of transaction volume, Neuwing is the leading marketer of energy efficiency in the world. Additionally, Neuwing has been selected by IBM to provide exclusive, global M&V services to its clients for EEC production.
Neuwing's Roles and Responsibilities
- Project Qualification: Review existing and prior projects for their acceptance by applicable certification agencies
- Market Assessment: Determine forward market prices projected for the sale of asset in all possible markets
- Project Recommendations: Make recommendations on the sale of those Projects in accordance with estimates of demand, pricing and other market conditions
- Measurement & Verification (M&V): Develop an M&V plan for all the projects using appropriate national and/or international protocols
- Certification: Submit all necessary documentation for certification to create the asset as well as ongoing certification of the energy savings for certification to each applicable certification agency
- Quantification: Determine the amount of energy saved from each project, in kilowatt hours of metric tons of carbon
- Marketing & Sale: Make all commercially reasonable efforts to sell assets across multiple exchanges
- Reporting: Report all transactions associated with assets created as required by certification agencies to establish title of the assets and ensure no double selling
For more information on energy efficiency certificates, contact us today!



