Georgia-Based Retail Supplier Offering Plan Blending Renewable Natural Gas, Carbon Offsets
May 12, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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Gas South announced an agreement with Element Markets to offer what was called, "a new, first-to-market sustainable energy product, FlexRNG."
FlexRNG is a blend of renewable natural gas (RNG), natural gas derived from organic waste material, and certified carbon offsets generated by a range of projects that reduce carbon emissions.
The initial product is composed of 5% RNG and 95% carbon offsets, and is aimed at, "offering industrial users a cost-effective method to harness RNG and demonstrate their environmental, social and governance (ESG) standards."
Customers will have the opportunity to purchase FlexRNG on a three-year contract, "which means they'll have access to pricing and supply options not accessible outside of wholesale RNG markets," the companies said
While the base FlexRNG will have a 5:95 ratio, the product is customizable. Customers can increase the RNG percentage in their blend to accelerate their net zero emission goals.
FlexRNG customers will be able to track their emissions reduction progress every month according to the blend they select.
Gas South serves more than 440,000 residential, business and governmental customers in Georgia, Florida, North Carolina, South Carolina and 10 other states.