Topic: Energy & Natural Resources

Subject: Renewable Energy Credits
Steve Lange
Member: 2008
Posts:2
Submitted on 09-23-12 8:30 am
Message:
I am trying to develop a position paper on revenue recognition related to REC's. We are having some challenges in finding good support and position papers and I was hoping someone in FENG may have some ideas for resources.

Thanks!
Steve
 
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Replies
Adam Stern
Member: 2003
Posts: 1

Subject: Re:Renewable Energy Credits

Submitted on 10-18-12 10:13 am.
Message:
I am not sure I can help you from an accounting perspective, but I am very involved in renewable energy development and investment banking, including SREC aggregation and sales.

Given the downward pricing in the market, I would think a conservative approach would be to recognize revenue as the recs are transferred. If under a contract, I would think there is an arguement to recognize the revenue (book receivable) at the time the recs are created and entered into the GATS system.
 
Steve Lange
Member: 2008
Posts: 2

Subject: Re:Renewable Energy Credits

Submitted on 10-20-12 12:38 pm.
Message:
Thanks for your comments
 
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