Below are the different MIRECS Account Types and functionality available for each account type:
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Michigan Electric Service Provider (ESP) Account:
- This type of Account can hold, transfer (outgoing and incoming), and retire Credits.
- A Michigan Electric Service Provider Account can also register and maintain Projects and have Credits issued to it for its Projects.
- A Michigan Electric Service Provider Account is the only type of Account that can annually retire Credits for their REC Portfolio (PA295) or EWR compliance (PA342).
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Non-profit Wholesale Power Provider Account:
- A non-profit entity that supplies wholesale electric power to one or more Michigan electric service providers that maintain a Michigan Electric Service Provider Account.
- This type of Account can hold, transfer (outgoing and incoming), and retire Credits.
- This Account type can also register and maintain Projects and have Credits issued to it for its Projects.
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General Account:
- This type of Account can hold, transfer (outgoing and incoming), and Retire credits.
- A General Account can also register and maintain Projects and have Credits issued to it for its Projects.
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Project Account:
- This type of Account can register Projects and have Credits issued to it for its Projects.
- A Project Account can hold, transfer (only outgoing transfers), withdraw and retire Credits.
- A Project Account cannot receive transfers from other parties.
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Retail Purchaser Account:
- This type of Account is for retail purchasers of Credits.
- A Retail Purchaser Account can hold, accept incoming transfers, and retire Credits.
- They can also register and maintain Projects that are under 1MW in nameplate capacity and have Credits issued in their Account.
- A Retail Purchaser Account cannot make outgoing transfers.
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Qualified Reporting Entity (QRE)/ Verifier Account:
- An Account Holder with a QRE Account is assigned to a Project and is responsible for verifying the generation or storage information from that Project.
- MIRECS tracks the specific types of Projects for which QRE’s are approved to provide services, ensuring that they are suitably qualified and accredited.
- The QRE Account cannot hold Credits.
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Program Administrator Account:
- This type of Account is provided to administrators of compliance and voluntary programs that utilize MIRECS and/or have eligibilities noted for certain Credits.
- It will allow Program Administrators to review eligibilities and Portfolio reports.
- Project details will only be displayed in a Program Administrator Account if the Account Holder registering that Project has listed it as eligible according to the specific program/certification.
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Import Certification Account:
- This type of Account is strictly for a project owner or representative to upload generation data for Imported Credits.