Upfront Geothermal Renewable Energy Credit Purchase
ClearPath Renewables can provide a one-time lump sum payment to geothermal system homeowners in exchange for the transfer of ownership of the Environmental Attributes of the geothermal system, most frequently referred to as Geothermal Renewable Energy Credits (GRECs), to ClearPath. This program is available for a wide variety of scenarios including homeowners that are current ClearPath customers and homeowners just now considering the purchase of a geothermal heating and air conditioning system. The table below shows the expected value that ClearPath could offer to homeowners installing new geothermal systems. Homeowners who installed systems prior to 2023 may also be eligible for this program, however, the value of the payment will be determined on a case-by-case basis.
