A renewable energy credit (REC)—also sometimes referred to as a renewable energy certificate or green tag—is created for each megawatt-hour (1 MWh, or 1000 kilowatt-hours) of renewable electricity generated and delivered to the power grid.
When renewable energy is generated by wind, solar, biomass, geothermal, and certain hydropower sources, two things are created: (i) the actual electricity and (ii) the environmental benefits associated with the fact that the electricity was produced without burning fossil fuels like coal or natural gas. RECs are the way those environmental benefits or “attributes” are tracked and accounted for.
“Company” means TerraPass Inc. or any company doing business as TerraPass as a direct result of a merger, acquisition, asset sale, or other transfer of assets from TerraPass Inc. to another company. “Customer” means the person(s) or company whose order for the Goods is accepted by the Company. “Goods” means any goods or services which the Company is to supply to the Customer.
All orders are accepted by the Company subject to and in accordance with the following Conditions of Sale which override and exclude any other terms stipulated or incorporated or referred to by the Customer during any negotiations or in any course of dealing between the Company and the Customer.
All prices quoted include sales taxes and other local levies in accordance with the law of the company’s jurisdiction. Prices also include standard shipping services to all destinations (domestic and international) serviced by the United States Postal Services.
The Company will provide reasonable proof of actions for all carbon offset purchases, which demonstrate that the promised quantity of carbon emissions have been reduced or sequestered. This proof of actions will be available on the TerraPass website, and may include certification by a third party.
The Company will not be responsible for any delays or losses during the shipment process.
Any Goods returned must be received by the Company within 30 days of the original invoice date and must be undamaged and in original packaging. The Company will refund the Customer within 30 days of the receipt of the undamaged goods.
The Company retains the right to assess the condition of returned goods.
The Company reserves the right to decline to trade with any other company or person.
When a Customer purchases a subscription, every month The Company will bill the Customer in the amount stated at the time of purchase, using the payment method specified by the Customer. Subscriptions begin as soon as the Customer has successfully completed the sign-up process, including payment confirmation. Subscriptions renew automatically, on a monthly basis, unless the Customer cancels the subscription. The Company may change its pricing, but Customer subscription billings will not be changed without the Customer’s permission. Customers may cancel subscriptions at any time by contacting Customer Support.
Legal construction / Force majeure / Exports
The Company shall not be liable for any damage, loss or expense resulting from the failure to give advice or information or the giving of incorrect advice or information whether or not due to the negligence of the Company, its employees, agents or subcontractors.
All matters that may require legal determination as a result of this agreement shall be determined within the court jurisdiction of Delaware.
The Company shall not be liable to the Customer in any manner or be deemed to be in breach of these Conditions of Sale because of any delay in performing or any failure to perform any of the Company’s obligations under these Conditions of Sale if the delay or failure was due to any cause beyond the Company’s reasonable control (which shall include, but not be limited to government actions, war, fire, explosion, flood, acts of terrorism, import or export regulations or embargoes, labor disputes or inability to obtain or a delay in obtaining supplies of Goods or labor). The Company may, at its option, delay the performance of, or cancel the whole or any part of a Contract.
Customers are responsible at their expense for obtaining any license and complying with any export regulations in force within this country and the country for which goods are destined.