Certificate Retirement Types/Reasons

Every M-RETS retirement requires a Type and Reason. If you feel these reasons do not properly describe your retirement, please contact systemadmin@mrets.org

Voluntary Retirement Types

Municipal Portfolio Standard

• Municipal Renewable Portfolio Standard Retirements

Green-e Energy Certified Voluntary Market Sale (GRN)

• All Green-e Retirements: In order 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 (CRS) to make Green-e Energy certified sales in that year of sale.

State/Provincial Requirement

• State/Provincial Requirement: State/Provincial-Regulated Utility Renewable Portfolio Standard (RPS)

Green Pricing Program

• Green Pricing Program Retirements: “Green-e Energy Certified” Utility Green Pricing Program Retirements should use the Green-e Energy Certified Voluntary Market Sale Retirement Reason

Federal Renewable Energy Requirement (FDR)

• Federal Renewable Energy Requirement: Retirements supported 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 the M-RETS Administrator if a Federal program is missing from this list

Beneficial Ownership (BBO)

• 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.
• M-RETS Uses: All retirements for the benefit of an individual owner of for a general environmental reason (i.e. company purchasing Certificates to green their operation) An Additional Details field is provided to allow the account holder 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 retirement should use the State-Regulated Utility RenewablePortfolio Standard/Provincial Utility Portfolio Standard (RPS) Retirement Type. Green-e Voluntary Retirements should use the Green-e EnergyCertified Voluntary Market Sale Retirement Type

Compliance Retirement Types

State/Provincial Portfolio Standard

• State/Provincial-Regulated Utility Renewable Portfolio Standard (RPS)

Other - Non-RPS Compliance

• Any compliance program that is not related to a Renewable Portfolio Standard (RPS)

For more information on the process to transfer Certificates into a Retirement Account, visit our instruction for Transferring M-RETS Certificates.