Note - Prior to the 2022 Filing year, the word Compliance was used instead of Portfolio
The REC Portfolio Report displays the quantity achieved and the quantity still needed to meet the annual requirement. The report will also show how many of the Credits are Renewable Energy Credits (RECs), Incentive Renewable Energy Credits (IRECs), Energy Waste Reduction Credits (EWRs), and whether the Credits are from projects owned by the Electric Service Provider.
NOTE: Information on Compliance for Energy Waste Reduction can be found in the Energy Waste Reduction (EWR) section of the MIRECS Help Center.
- Log into MIRECS.
- Locate the “Open Sub-Account” module and select the hyperlinked ‘Sub-Account Name’ to access the relevant REC Portfolio (Active) Sub-Account.
- From the Edit Sub-Account screen, Click on the link to ‘Portfolio Report’
The Portfolio Report contains the following fields:
|
Field |
Value |
|
Annual REC Portfolio Amount (Energy Credits) |
Total MWh required to meet the annual Portfolio target |
|
Total Quantity |
Total Credits (REC, IREC, EWR) deposited |
|
RECs Retired |
Total RECs deposited |
|
IRECs Retired |
Total IRECs deposited |
|
EWRs |
Total EWR Credits deposited |
|
Compliance EWR % |
Percentage of the total compliance that is being met with EWR Credits (max will be 10.00%) |
|
Percentage of certificates owned by an Electric Service Provider or its affiliate PA295 Sec. 33 (1) (a): * |
Percentage of Certificates from projects with the “Electric Service Provider or its affiliate PA295 Sec. 33 (1) (a)” selected in the project Registration |
|
Difference between |
Value of how the portfolio requirement is achieved with deposited certificates. |
Additional articles relating to Annual Portfolio Filings (formally called Compliance prior to 2022) can be found in the Annual REC Portfolio Filling and EWR Compliance section of the MIRECS Help Center
- Portfolio (Formally Compliance) Overview
- MPSC Review of Annual Portfolio Filing
- MIRECS Annual Reporting and Transferring Certificates to a REC Portfolio Sub-Account
Note - Information on Compliance for Energy Waste Reduction can be found in the Energy Waste Reduction (EWR) section of the MIRECS Help Center.