M-RETS FEES – Effective January 1, 2017
Subscription Fees: 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 the type of organization subscribed.
Micro-Generator Project Subscription: $50/year
This type of organization 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 can hold, transfer (only outgoing transfers), withdraw and retire certificates. A Micro-Generator Project cannot receive transfers from other parties.
Small Generator Project Subscription: $125/year
This type of organization 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 can hold, transfer (only outgoing transfers), withdraw and retire certificates. A Small Generator Project cannot receive transfers from other parties.
Project Subscription: $550/year
This type of organization can register renewable projects and have certificates issued to it for its projects. A Project can hold, transfer (only outgoing transfers), withdraw, and retire certificates. This type of organization cannot receive transfers from other parties.
General Subscription: $2,200/year
This type of organization 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 organization type is the only type that can retire certificates for compliance with any of the State RPS programs utilizing MRETS.
Retail Purchaser Subscription: $1100/year
This type of organization is for retail purchasers of credits. A Retail Purchaser 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 organization. Retail Purchasers cannot make outgoing transfers.
Qualified Reporting Entity (QRE): No Fee
Qualified Reporting Entity is (1) the control area operator, interconnecting utility, scheduling coordinator, or an independent third-party meter reader and is not affiliated with the owner of the generator for which the entity is reporting; or (2) the control area operator or interconnecting utility and that is affiliated with the generator owner, but having sufficient segregation of duties such that the person performing the Qualified Reporting Entity duties does not have access to transfer or retire Certificates created for that generator. A Qualified Reporting Entity must enter into an agreement with the M-RETS Administrator describing the terms and conditions under which the Qualified Reporting Entity agrees to conduct business with M-RETS and must report data in accordance with the standards set forth in these Operating Procedures. Every generator registered in M-RETS must have a QRE.
Program Administrator/Government Regulator: No Fee
State regulators, including but not limited to public utility commission and public service commission staff and voluntary market program administrators (e.g. Green-e) may be granted a Program Administrator/Government regulator account. To find out if you qualify for such an account please contact the M-RETS System Administrator at [email protected]
Volumetric & Transaction Fees:
Issuance Fee: An organization 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 organization.
Retirement Fee: An organization shall pay a Retirement Fee for each REC retired in the Registry.
Imports from other registries to M-RETS: $0.005/REC
Exports from M-RETS to other registries: $0.01/REC
There is a $100 cap per transaction from a unique M-RETS organization to or from a unique account in another registry.
M-RETS maintains a uniform and transparent fee schedule. M-RETS does not discount fees unless specifically noted on this schedule.