Frequently asked questions
Below is a general list of FAQs. If you need to know more, please get in touch.
Frequently asked questions
Below is a general list of FAQs. If you need to know more, please get in touch.
How do I redeem I-RECs?
Step by step instructions on how to redeem I-RECs can be found in the Participant User Guide which you can download from the documents page. Please note that the redemption of an I-REC marks the end of its transferrable lifecycle. Once redeemed, an I-REC can no longer be transferred. Therefore, please check the details carefully when making redemption requests as the process is irreversible.
How do I request a redemption statement?
Step-by-step instructions on how to generate a
redemption statement can be found in the Participant
User Guide which you can download from the
documents page. Please note that once requested, it is
not possible to reverse the process.
Can I amend a Redemption Statement once it has been requested?
No, it is not possible for Participants to reverse the process and so we recommend that you check the details at all stages of the process. The Evident Registry also provides warning messages throughout the redemption process. For example, you will see the following message at the approval stage:
Warning: This process cannot be undone so please check the details carefully before continuing.
If I want to buy I-RECs, do I need to become a Participant?
No, you can use a specialist origination company that is an existing Participant if you wish. Alternatively, you can become a Participant and buy direct from the market.
Can future I-RECs be issued in advance of production?
No, an I-REC is a statement of an historic fact and is issued against proof of generation from a specific source at a specific time. A future delivery cannot be guaranteed by any Issuer.
Is there a timescale on selling my I-RECs?
No, once you have redeemed your I-RECs and they have been credited to your account there is no timescale on when they must be sold by. A number of organisations, such as RE100, publish best practice guidance on the use of I-RECs and these may recommend or mandate a time period for their redemption.
Do I have to claim for a full month’s production?
No, but please be aware that if you submit an Issuing Request which is dated for a full month, but you only want to claim for half of the month, you will not be able to claim the balance at a later date. For example, if you had eligible production of 1000MWh for 1 May – 31 May but you only wanted to claim 600MWh, you could submit an issue request for 1 May to 19 May. You would then have the option to claim the remaining 400MWh using the date range 20 May - 31 May.
How far back can I date an Issue Request?
Issue requests for January-June must be submitted by 31
May the following year.
Issue requests for July-December must be submitted by 30 September the following year.
Can I request I-RECs if I have the right to the obtain emissions reductions or carbon offsets?
It is not possible for you to retain the right to obtain emissions reduction certificates or carbon offsets as well as claim I-RECs for the energy nominated in an Issue Request. An I-REC is a factual statement of an electricity production event. Such events may also contribute to a reduction in global emissions against a business-as-usual case. An I-REC cannot be issued without inclusion of any avoided emissions, carbon offsets or similar market instrument that might be available to the registrant or device owner. When submitting an Issue Request for an I-REC, you must confirm that you hold the right to any such avoided emissions, carbon offsets or similar market instruments and irrevocably assign such rights within each issued I-REC. Each I-REC will carry an identifier throughout its life that it includes the right to any such avoided emissions, carbon offsets or similar market instruments, which will be visible to I-REC Participants.
Are the I-REC Standard Terms and Conditions negotiable?
No, the I-REC market operates on a non-discriminatory basis so that all Registrants and Participants trade on equal terms.
What dates can I use for the reporting period?
You may choose any reporting dates on a Redemption Statement. For example, it is possible to report from 1 December 2021 to 31 December 2022. However, it is up to the Beneficiary and any organisation to which they may report to determine which certificates may be acceptable for any given time period.
Is it possible to amend the Beneficiary details?
No, once created (i.e. by selecting ‘Submit’ on the ‘Add new Beneficiary’ screen of the Evident Registry) it cannot be modified. If a Beneficiary is no longer required, it should be marked as Inactive. Further details on how to add beneficiaries or mark them as inactive can be found in the Participant User Guide which you can download from the documents page.
When adding a new Beneficiary do I add the country in the Location field on the Evident Registry?
No, you do not need to add the country to the Location field as the country should be selected from the ‘Country’ dropdown box. The Location field should contain the building number, street name, city/town or state and the zip/postal code.
Can I submit an Issue Request for a period that crosses a calendar year (e.g., from 31 December 2021 to 15 January 2022)?
No, it is not possible to submit Issue Requests that cross year ends.
Can I submit an Issue Request for a fraction of a MWh?
Yes, Evident now supports issuing, transfer, and redemption to the Wh level, (3 decimal places of MWh).
How do I submit an Issue Request to the Evident Registry?
Full details of how to submit an Issue Request to the Evident Registry are detailed in the Registry User Guide for Registrants which you can download from the documents page.
What is the difference between a Registrant and a Participant?
Registrants act on the producer side and can be the generator or an agent of the generator. A Registrant does not have to be the facility owner. However, Registrants must have the exclusive right to trade the renewable energy attribute. Registrants are the only parties that can register a production facility with the Issuer and request the issuance of I-RECs.
You can find out more about the role of Registrants at: https://www.irecstandard.org/registrants.
Participants are market players and hold accounts on the Evident Registry. Participants can transfer I-RECs to other Participants and redeem them on behalf of consumers. They can also transfer certificates from their account to the account of an approved Platform, such as a trading marketplace.
You can find out more about the role of Participants at: https://www.irecstandard.org/participants.
Can my organisation be both a Registrant and a Participant?
Yes, an organisation can register as both a Registrant and a Participant.
How do I upload my Production Facility Registration Form and supporting documents to the Evident Registry?
A complete guide on how to upload the Production Facility Registration Form and supporting documents to the Registry can be found in the Registry User Guide for Registrants which you can download from the documents page.
If I want to register a wind farm do I need to provide the co-ordinates of each wind turbine?
Yes, when registering a wind farm, we require a spreadsheet containing the co-ordinates for each turbine within the wind farm to be uploaded with the supporting documents.
What are the fees for registering a new device?
When will I be billed for registering a new device?
Generally, you will be invoiced approximately one month after your Production Facility has been registered, although this may vary between Issuers.
How long is my Production Facility registration valid for?
Production Facilities are registered for an initial period of 5 years. At the end of the 5-year period, your Issuer will contact you to provide you with the opportunity to renew the device for a further 5 years. Further details of the process and costs involved will be outlined in an email to you at that time.
What address do I use when I am asked to enter the location information on the Evident Registry?
You will be asked to enter both the co-ordinates and address of the Production Facility on the Evident Registry. The address must be the address of the Production Facility (e.g. the address of the wind farm, solar plant, hydropower plant, etc.) and not the office address of the owner.
When I enter the location information on the Evident Registry can I enter approximate co-ordinates of the device?
No, in order for a Production Facility to be registered, we need the exact co-ordinates. The co-ordinates should be the co-ordinates of the Production Facility and not the co-ordinates for the office address of the owner. If you are registering a wind farm we will also require a spreadsheet containing the co-ordinates for each turbine and we ask that you input the coordinates of one turbine in the field on the Evident Registry.
When can I-RECs be issued from for a newly registered Production Facility?
The first day of eligible production can be up to 12 months prior to the Issuer receiving the Production Facility registration documentation. However, this period may be restricted by the deadline for Issuing.
What supporting evidence do I need to submit with my application to become a Registrant or a Participant?
You need to submit the following information with your application:
A completed, signed and dated copy of the I-REC Standard Terms and Conditions. *Please note that the Standard Terms and Conditions differ for Registrants and Participants. If your organisation wishes to become both a Registrant and a Participant, we require completed, signed and dated copies of both.
A completed, signed and dated copy of the I-REC Registry Application Form for Registrants and Participants.
Copy of company accounts dated within the last 12 months (e.g. copies of the Profit & Loss Statement or Balance Sheet).
For corporate bodies: proof of company registration number (e.g. a copy of the Certificate of Incorporation).
For private individuals: a photocopy of the applicant’s passport.
What are the associated fees for Registrants and Participants?
Are the Registrant and/or Participant Fees negotiable?
No, market players require a robust Energy Attribute Certificate (EAC) system that adheres to international best practices to enable them to make trustworthy energy claims. These instruments are provided by market facilitators, who are in return dependent on the use of these instruments to continue their facilitation of the market. The International REC Standard Foundation provides and requires a level playing field for all market players and guarantees a fair and competitive market. This means that all Participants and Registrants pay the same fees for the same services.