Product Introduction
- Jasmine Energy is an AI-powered platform that automates the end-to-end management of Renewable Energy Certificates (RECs) for residential and commercial solar energy systems. It handles regulatory registrations, meter data collection, compliance reporting, and REC sales through machine learning algorithms, enabling solar owners to monetize renewable energy generation without manual intervention.
- The core value of Jasmine Energy lies in transforming complex REC management processes into a fully automated, passive income stream for solar owners. By eliminating administrative burdens and technical barriers, it ensures maximum REC revenue while complying with regional tracking systems and certification standards like Green-e.
Main Features
- The platform automates registration with government-regulated REC tracking systems (e.g., NAR, WREGIS, M-RETS), reducing setup time from weeks to minutes and avoiding costly registry fees. It validates solar system eligibility and submits documentation to regional authorities.
- Jasmine Energy integrates directly with smart meters and inverter APIs to collect real-time generation data, calculate REC quantities per MWh, and auto-generate compliance reports required for REC issuance. Data is stored in audit-ready formats.
- The system brokers REC sales through partnerships with utilities and corporate buyers, negotiates pricing based on market trends, and processes payments via secure ACH transfers. Users retain ownership of RECs until sale completion.
Problems Solved
- Solar owners face administrative complexity in registering systems, tracking energy output, and complying with REC regulations across multiple jurisdictions. Jasmine Energy removes these hurdles through full automation.
- The product targets residential solar homeowners, third-party solar asset owners (TPOs), and independent power producers (IPPs) with systems ranging from 1 kW to utility-scale installations.
- A typical use case involves a homeowner with rooftop solar generating unused RECs due to lack of expertise in certification processes. Jasmine automatically claims, certifies, and sells these RECs, converting wasted assets into recurring revenue.
Unique Advantages
- Unlike manual REC brokers or basic tracking tools, Jasmine Energy offers end-to-end automation powered by AI, including error correction in meter data and dynamic pricing optimization for REC auctions.
- The platform uniquely supports Green-e certification aggregation, bundling small-scale residential RECs into commercially viable lots that meet corporate sustainability reporting standards.
- Competitive advantages include tiered pricing (20-30% fees based on system size), direct integration with 12+ regional tracking registries, and guaranteed compliance with REC expiration timelines (90-day claim windows).
Frequently Asked Questions (FAQ)
- What is a Renewable Energy Certificate (REC)? A REC is a tradable certificate proving 1 MWh of renewable electricity was generated and fed to the grid. It decouples environmental benefits from physical electricity, allowing solar owners to sell "green" attributes separately.
- How are RECs created and tracked? RECs are issued by government-authorized tracking systems when renewable energy is generated. Jasmine Energy auto-registers systems with these registries, submits meter data, and manages all compliance documentation to ensure REC validity.
- Who buys RECs and why? Utilities purchase RECs to meet state renewable portfolio standards, while corporations buy them to offset carbon footprints. Jasmine connects sellers to vetted buyers through its brokerage network, prioritizing high-value markets like California and New York.
