|
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% |