Energy Matters Forums

[SUNSPOT]

Are carbon credits / RECs part of the equation associated with the selling of second hand renewable power generation equipment (equip purchased new prior to yr 2000).

John

[Tracker]

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as a lovely red-head once said ... Please Explain

But, I suspect that the answer is NO..
Products purchased pre-2000 are now 12yo, and REC values are usually calculated on a certain life..
How could anyone determine the REC value of such devices (whatever they are).
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[SUNSPOT]

How could anyone determine the REC value of such devices (whatever they are).

My assumption is that RECs apply to new renewable energy generating devices such as Solar Panels / wind generators alone and not the control mechanisms to support the renewable energy sys.

I assume that RECs can be further traded in their own right but the on selling of second hand renewable power generating devices only attracts the residual $ valve of those devices sold (panels / wind generators, etc).

My query was of general interest..

[Tracker]

I assume that RECs can be further traded in their own right but the on selling of second hand renewable power generating devices only attracts the residual $ valve of those devices sold

You are assuming that YOU own the REC's..
One would assume that REC's would have been traded in, in the begining, and so are no longer available to you.
If you are talking about devices that pre-date the REC process, then the first thing is for REC's to be CREATED, and I am unaware of any mechanism for creating REC's for used devices..
So , if the thinking is that you have equipment that could qualify for REC's and hence a person buying them could get that value, then I suspect that you are out of luck.
Otherwise, I could sell my wife, my OLD panels, and she could get the REC value for them..

You would likely need to ring (write) the ORER and ask them if there is any mechanism for calculating a REC value of older items that still have a use-full life..

and.. in the hyperthetical... my wife then sells to my daughter, who can then generate REC's for her purchase.. NO - I can't see it happening...
How does ORER know that used equipment has never had REC's generated for it previously..
(other than the obvious - that Serial-Numbers are recorded for REC-assigned products -- but I BET they cannot crosscheck a serial number )
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[SUNSPOT]

You are assuming that YOU own the REC's..

No I am not assumoing this.

One would assume that REC's would have been traded in, in the begining, and so are no longer available to you.

Agree.

the on selling of second hand renewable power generating devices only attracts the residual $ valve of those devices sold (panels / wind generators, etc).

The above quote is my understanding of what I am entitled to in selling on second hand equipment and am satisfied. Thanks for your posts.

John

[Tracker]

..the on selling of second hand renewable power generating devices only attracts the residual $ valve of those devices sold (panels / wind generators, etc).

John - how can it be

You agree that the REC's were cashed in in the beginning. You agree that YOU no longer own the REC's.
Some fool out there has bought them.

As you were paid for the value of the REC's, then if ANYONE is going to pay the NEW purchaser, then YOU must be the one to do it.. You got the full value at first and now there is a residual value for the remaining life.
...... WHO is going to pay WHOM?

Otherwise you have my senario of selling to my wife and she to the daughter and we ALL claim REC's for the one device.. It don't work that way !
Cheers

PS - do contact ORER and check.. Nothing would surprise me after the fiasco of the Roof-Insulation etc.
I am sure that I can find a few folk to on-sell my panels to

PPS - The exception would have to be where a device has NEVER had REC's accounted for, and a calculation of the remaining value is possible..
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[SUNSPOT]

PPS - The exception would have to be where a device has NEVER had REC's accounted for, and a calculation of the remaining value is possible..

This exception "NEVER had REC's accounted for" is the rule in my case, and as we have previously discussed the equipment was procured in the 90's prior to a REC's scheme. Maybe one could investigate the possibility of calculatig REC's for remaing value but I proposed to exchange the second hand gear for its $ valuue only no REC's involved. . Thanks again

[Tracker]

You are assuming that YOU own the REC's..

No I am not assumoing this.

One would assume that REC's would have been traded in, in the begining, and so are no longer available to you.

Agree.

As I said from the outset - More information needed.
You confused me by first saying YOU did not own the REC's.. Well you kinda do, but have not tried to register them (if you can)
and then you AGREE that the REC's would have been traded in, so which is it

I would have thought that there was a pro-rata-entitlement to REC's for something that YOU already own, but again, the issue is how you apply for them. (with the convoluted and crappy system they now have)

PS

PV panelsQty 4 x BP275 (75W monocrystalline) with BP PV mounting

I do hope that all this smoke-n-mirrors has not been about these ancient panels.
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