MIRECS
About the Michigan Renewable Energy Certification System (MIRECS)
The Michigan Renewable Energy Certification System (MIRECS) was established by the Michigan Public Service Commission (Commission or MPSC) under authority conferred by 2008 PA 295. The MIRECS is administered by APX, Inc., pursuant to a contract with the State of Michigan, Department of Energy, Labor & Economic Growth. MIRECS enables retirement and trading of Michigan Renewable Energy Credits (RECs), and Michigan Incentive Renewable Energy Credits (IRECs), and beginning in November 2018, Energy Waste Reduction Credits (EWRCs) and Thermal Energy converted into RECs under the State’s Clean, Renewable and Efficient Energy Act.
About MPSC
Through authority granted by the Legislature, the Michigan Public Service Commission (MPSC) is the state government agency responsible for regulating services provided by investor-owned natural gas, electric and telephone utilities, and rural electric cooperatives in Michigan. Other important responsibilities of the MPSC include the regulation of the intrastate for-hire trucking industry and participation in state energy emergency preparedness planning.
https://www.michigan.gov/mpsc/
About APX
APX has been the Administrator of the MIRECSsince its inception in 2009. APX delivers a complete suite of solutions to enable REC market transactions including issuance and tracking of certificates, a full audit trail, and 24/7 support for all North American renewable energy markets. These include the New England (NEPOOL GIS), Western States (WREGIS), New York (NYGATS), North Carolina (NC-RETS), Michigan (MIRECS) and the North American Renewables Registry™ (NAR), a national system for areas not covered by existing regional markets.
APX market infrastructure sets the standard for ensuring integrity in environmental markets. As an independent and trusted provider of infrastructure solutions, APX is fully committed to the highest market transparency and a level playing field for all market participants and stakeholders. We do not make markets or take principal positions in environmental transactions, and are not a bank, brokerage or marketer.For more information on REC Registries and and REC transfers between registries see this page.
Details on the APX Team supporting MIRECS are here and for more information about APX Environmental Markets, please click here(Note external page)