Phase 2.0 of the pilot project is under way

In light of the significant interest expressed by businesses in Hydro‑Québec’s Renewable Energy Certificates (RECs) and the success of the pilot project that ended on June 30, 2023, we have relaunched the initiative with a limited number of preselected customers. Phase 2.0 is based on new terms and conditions as we explore the possibility of developing and offering a program. The applicable terms and conditions are detailed below.

How can I purchase RECs from Hydro‑Québec?

Hydro‑Québec is launching the 2.0 version of its renewable energy certificate pilot project!

For this pilot project, Hydro‑Québec is offering only Hydropower Sustainability Standard (HSS) Gold RECs. These RECs are associated with the Eastmain‑1 development (Eastmain‑1 and Bernard‑Landry generating stations), which received gold-level certification under the Hydropower Sustainability Standard.

Hydro‑Québec is issuing a total of 1,700,000 HSS Gold RECs. They will be available for purchase from May 1, 2024, to April 30, 2025.

Price* of a HSS Gold REC during the pilot project: $3.50

Continue reading for more information on our offer, which turns out to be even more interesting if your company is enrolled in the Demand Response Option. Find out more now!

Volume discount:

  • Varies from 1% to 20% for each 1,000 RECs purchased, starting at 5,000 RECs.

Demand Response (DR) discount:

  • Applies to each REC purchase. It is granted based on enrollment in the Demand Response Option.

Companies must meet the following eligibility criteria to receive the discounts:

  • be located in Québec
  • be supplied by the Hydro-Québec grid
  • engage primarily in commercial, institutional or industrial activities, and
  • hold a service contract under a business rate in accordance with Hydro-Québec’s electricity rates for its electricity distribution activities (e.g., general rates G, G9, M, LG or L)

To learn about the terms and conditions of the 2.0 version of the Renewable Energy Certificates pilot project, consult the Participant’s Guide [PDF 451 kB] (in French only).

*The amounts payable provided herein exclude the goods and services tax (GST) and Québec sales tax (QST), which may be applicable, and are valid for the duration of the 2.0 version of the Renewable Energy Certificates pilot project.

You can also purchase ECOLOGO RECs, which are not included in the 2.0 version of the pilot project. Contact your account representative for more information.