Small Generators (1 to 150 kW) have up to one year from the generation end date to upload generation. Large Generators (>150 kW) have 62 days from the generation end date to upload generation. This applies regardless of whether the Generator is self-reporting or uses a QRE. M-RETS must approve any generation outside of these ranges.
All generation data submitted to M-RETS will undergo an automatic validation process. The process includes an automated verification process that reviews the feasibility of the generation amount, ensures there are no overlapping generation entries, and that there are no lapses in generation information.
M-RETS only issues Certificates in whole numbers. A Certificate created and tracked within M-RETS represents all renewable attributes from one MWh of renewable generation. M-RETS Certificates are "Whole Certificates," meaning that none of the renewable attributes may be split off from the Certificate while it is in circulation in M-RETS.
Depending on User settings, the System will notify the User via email that generation has been posted. The generation posting will be marked "Issued" on the Generation Log.
Certificates in M-RETS do not have a specific expiration date. States and Provinces define the lifetime or expiration date for Certificates as applied to the programs they oversee.
M-RETS will issue one electronic Certificate for each MWh of energy generated by those Generating Units registered with M-RETS. Certificates will be issued based on the number of whole MWhs on the Generation Log on the day of Certificate creation. M-RETS will issue Certificates no more frequently than once per month per Generating Unit.
a. Serial Number(s)
b. Account
c. ID
d. Generator Fuel Type
e. Vintage Date
f. Location
g. Quantity
h. Eligibilities
Certificate Retirement is an action taken by the User to remove a Certificate from circulation. M-RETS is not responsible for ensuring that Users Retire Certificates for voluntary or compliance purposes. M-RETS requires all Users to initiate and complete all retirements. M-RETS maintains an integrated online help guide that Users can access here.
M-RETS has a pull-down menu of options for acceptable retirement reasons that the Organization must select to complete the retirement. The options will be consistent with regulatory programs and any voluntary programs or voluntary market activities. Users shall notify M-RETS if they would like to add a new type of voluntary or compliance retirement reason.
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Formal Definition: With respect to any Credit, Beneficial Ownership
Rights means any contractual or other right to direct or control the sale or other disposition of, or the Retirement of, such Credit or (ii) any contractual or other right to receive the benefits of such Credit or any proceeds from the sale or other disposition of such Credit.
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M-RETS Uses: All retirements for the benefit of an individual owner
for a general environmental reason (i.e. company purchasing RECs to green their operation). Within this Retirement type there are additional options in the "Reason" drop down box. One of the reasons is utility retirement on behalf of all customers. This Reason should be selected when a utility is looking to make a voluntary retirement that can be applied to all customers. An example of this is the Green Advantage® program through MidAmerican Energy Company or the Certified Renewable Percentage offered through Xcel Energy.
An Additional Details field is provided to allow the User to provide specific information about the sale (i.e. customer name, retirement year) Note: Compliance or Green-e Voluntary programs should not use the Beneficial Ownership retirement type. All RPS retirements (Including IL ARES Retirements) should use the State-Regulated Utility Renewable Portfolio Standard/Provincial Utility Portfolio Standard (RPS) Retirement Type. Green-e Voluntary Retirements should use the Green-e Energy Certified Voluntary Market Sale Retirement Type.
- M-RETS Uses: All Green-e Retirements. To retire Certificates to
substantiate sales made in a given calendar year as "Green-e Energy certified", the party retiring Certificates must have a contract in place with Center for Resource Solutions to make Green-e Energy certified sales in that year of sale.
- M-RETS Uses: Utility Green Pricing Program Retirements. Note:
"Green-e Energy Certified" Utility Green Pricing Program Retirements should use the Green-e Energy Certified Voluntary Market Sale Retirement Reason.
State-Regulated Utility Renewable Portfolio Standard / Provincial Utility Portfolio Standard (Compliance) (RPS)
- M-RETS Uses: State-Regulated Utility Renewable Portfolio
Standard/Provincial Utility Portfolio Standard (RPS) retirements.
- M-RETS Uses: Municipal Renewable Portfolio Standard retirements.
- M-RETS Uses: Federal Renewable Energy Requirement retirement for the
following programs: EPACT 2005, Executive Order 13423, Federal Building, U.S. DOD Army, U.S. DOD Navy, U.S. DOD Air Force, U.S. DOD Marines, U.S. DOD, U.S. Park Service, Dept. of Interior. Note: Please contact M-RETS if a Federal program is missing from this list.
M-RETS and/or appropriate regulator(s) shall have sole discretion to retire any Active Certificates for mistake, fraud or other reasonable cause consistent with these Operating Procedures, the Terms of Use and/or the purposes of the M-RETS program.