M-RETS FEES – Effective January 1, 2017

Subscription Fee: Subscriber shall pay an annual Subscription Fee, payable at the time that it registers in the Registry and in January of each subsequent calendar year. The Subscription Fee will be based upon type of Account maintained by Subscriber:

Micro-Generator Project Account: $50/year

This type of Account can register a total of up to 100 kW in nameplate capacity of renewable projects and have certificates issued to it for its projects. A Micro-Generator Project Account can hold, transfer (only outgoing transfers), withdraw and retire certificates. A Micro-Generator Project Account cannot receive transfers from other parties.

Small Generator Project Account: $125/year

This type of Account can register a total of up to 1.5 MW in nameplate capacity of renewable projects and have certificates issued to it for its projects. A Small Generator Project Account can hold, transfer (only outgoing transfers), withdraw and retire certificates. A Small Generator Project Account cannot receive transfers from other parties. 

Project Account: $550/year

This type of Account can register renewable projects and have certificates issued to it for its projects. A Project Account can hold, transfer (only outgoing transfers), withdraw and retire certificates. A Project Account cannot receive transfers from other parties.

General Account: $2,200)/year

This type of Account can hold, transfer (outgoing and incoming), and retire credits as well as register and maintain projects and have credits issued to it for its projects. This account type is the only type of Account that can retire certificates for compliance with any of the State RPS programs utilizing MRETS.

Retail Purchaser Account: $1100/year

This type of Account is for retail purchasers of credits. A Retail Purchaser Account can hold, accept incoming transfers, and retire credits. They can also register and maintain projects that are under 1MW in capacity and have credits issued in their Account. Retail Purchaser Account cannot make outgoing transfers.

Issuance Fee: An Account Holder shall pay a per-REC Issuance Fee for up to the first one million one hundred thousand (1,100,000) RECs issued in the Registry each calendar year by a given generator registered in its Account.

$0.007/REC issued

Retirement Fee: An Account Holder shall pay a Retirement Fee for each REC retired in an Account Holder’s sub-account in the Registry.

$0.017/REC retired

Import/Export Fee: An Account Holder shall pay an Import/Export Fee for any REC transaction(s) occurring between M-RETS and an approved Compatible Tracking System. The fee shall be applied one time per calendar day for all RECs imported or exported between unique accounts.

$100/import or export transaction between unique accounts