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About M-RETS®
About M-RETS®GovernanceFAQWhy Use M-RETS®?Contact Us
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Frequently Asked Questions
- What is M-RETS®?
The Midwest Renewable Energy Tracking System (M-RETS®) tracks renewable energy generation and assists in verifying compliance with mandatory or voluntary State/Provincial Renewable Portfolio Standards (RPS) and objectives. M-RETS® is an important tool to keep track of all relevant information about renewable energy produced and delivered in the region. Currently the states & provinces participating are: Illinois, Iowa, Manitoba, Minnesota, Montana, North Dakota, South Dakota, and Wisconsin.
- How does M-RETS® work?
M-RETS® creates a renewable energy certificate for every MWh of renewable energy produced in the region, tracks the life cycle of each renewable certificate created, and ensures against any double-counting or double-use of each certificate. To learn more see About M-RETS®.
- Who can participate?
There is no restriction to who may open an account in M-RETS®. However, only those renewable generators that are located in the M-RETS® footprint (or if located outside of the M-RETS® footprint, are either owned by a participating utility or have a contract with a participating utility to deliver renewable energy into the M-RETS® footprint) may be registered to an
M-RETS® Account and subsequently have certificates created. A generating unit is considered "renewable" if the energy generated is considered renewable by any of the seven states or provinces included in the M-RETS® footprint.
- How is the M-RETS® system unique?
M-RETS® is an easy to use, Web-based system that creates, verifies, manages and enables trading for Renewable Energy Certificates (RECs). The system provides a full suite of capabilities to create unique certificates, track serial numbers, track certificates in company accounts, enable transfers and transactions, track certificate retirement, and enable compliance reporting with a full audit trail.
- How do we participate?
- How do I get more information about M-RETS®?
Feel free to fill out an inquiry form on the contact us page.
- How can I see the public reports?
The reports available on the registry public reports page. Sign-up for our newsletter to stay up-to-date on the availability of any new reports and more.
- How do I find out whether my renewable generation will be eligible in M-RETS® areas?
Contact the respective State Agencies and/or comissions in each participating State/Province and review their eligibility requirements. Information on each State/Provincial programs and their respective contacts can be found under the Useful Links page.
- Could you explain the fees and how they are applied?
You can find the entire fee structure in the Terms of Use.
M-RETS® Fees
Effective January 1, 2013
Fee Schedule:
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: $100/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: $250/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: $500/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: $2000/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-2-
Retail Purchaser Account: $1000/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
(1,000,000) RECs issued in the Registry each calendar year by a given generator registered in its Account.
- $0.005/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
- $0.015/REC Retired
- Can M-RETS® export RECs to other tracking systems?
M-RETS® permits RECs to be exported to MIRECS,
NAR and
NC-RETS. A full list of tracking systems that facilitate inter-registry transfers can
be accessed here. The procedure to export RECs is available in
Section 15.2 of the M-RETS® Operating Procedures.
If you have questions about exporting RECs from your account, please contact the M-RETS
Administrator - Bryan Gower: mrets(at)apx.com
- Does M-RETS® permit REC imports from other tracking systems?
The process and policies for permitting REC imports from other tracking systems is a work in progress.
During this period of policy development, REC imports into M-RETS® is not yet permitted. If you would like to
find out about the M-RETS® board of directors efforts to enable imports, please contact M-RETS® Executive
Director - Amy Fredregill: amy(at)mrets.org
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