APX to Operate Michigan’s REC Documentation System
The new Michigan Renewable Energy Certification System (MIRECS) for documenting, verifying, and tracking electric generation produced by renewable resources within the state of Michigan will be operated by APX, Inc.
Under the year-old Clean, Renewable, and Efficient Energy Act, Michigan has a somewhat complicated systems of rewable energy credits. The MIREC program will add clarity to this program.
The APX contract provides that all operating costs for MIRECS be recovered through fees charged to users. Fees and other procedures can be found at www.mirecs.org. MIRECS will track Michigan Renewable Energy Credits, Michigan Advanced Cleaner Energy Credits, Michigan Incentive Renewable Energy Credits, and Michigan Energy Optimization Credits, each as defined under the Clean, Renewable and Efficient Energy Act. [Note that until March 31, 2010 credits for generation back to January 2009 can be issued with appropriate documentation.]
