|
Vintage |
Sell Now Price |
Settlement Price |
Month of Generation |
Change |
|---|---|---|---|---|
|
$87.00 |
$87.00 |
January 2025 - December 2025 |
N/A |
|
|
$87.00 |
$87.00 |
January 2024 - December 2024 |
N/A |
|
|
$87.00 |
$87.00 |
January 2023 - December 2023 |
N/A |
20yr Prepaid Contract:
$148.50 (per kWh nameplate capacity)
* Registered Geothermal facilities are issued a nameplate capacity, denoted in mWh, upon registration approval.
Avg nameplate capacity - MD Geothermal generators 2024 registered in GATs = 0.046 (46 GRECs per yr)
46 * 148.50 = $6,831.00
Spot Chart
Eligible Systems
Systems Installed Jan 2023 and later - GATS MD State Number = MD-0000-GEO-01-23
Systems Installed prior to 2023 classify as MD Tier 1 - GATS MD State Number in GATS = MD-0000-GEO-01
Eligible Location
MD sited only
Energy Year
January to December (energy year 2023 = Jan 2023 to Dec 2023)
Useful GREC Lifetime
3 years
RPS Requirements
| Year | ACP | RPS % |
|---|---|---|
| 2023 | $100.00 | 0.05% |
| 2024 | $100.00 | 0.15% |
| 2025 | $100.00 | 0.25% |
| 2026 | $90.00 | 0.50% |
| 2027 | $80.00 | 0.75% |
| 2028 | $65.00 | 1.00% |
| 2029 | $65.00 | 1.00% |
| 2030 | $65.00 | 1.00% |
How to trade or sell GRECs in Maryland: MD GRECs can be sold to brokers like Flett Exchange for competitive prices and instant payment. You confirm the sale through the Flett Exchange portal and transfer the credits to us through the GATS platform.