“An I-REC is a unique statement representing the environmental attributes associated with a specific MWh of electricity produced, including any avoided emissions, carbon offsets or similar market instrument that might be available to the registrant or device owner. Any such attributes may not be removed from the I-REC and may not be transferred separately from the I-REC. An I-REC cannot be Issued where another I-REC currently exists for the same MWh of electricity produced. An I-REC can exist sequentially from another energy attribute tracking methodology such that only one is active at a point in time.”Source: The I-REC Code, V. 1.9, page 8, https://irecstandard.org/assets/doc_3963.pdf
