Please consult the table below for Peak / Off-Peak hours on a business day (HE in EST):
**Note: Weekends (Sat/Sun) & NERC Holidays are Off-Peak in MISO**
Incentive Renewable Energy Credits (IRECS) from Peak generation.
According to Section 39, Sub 2 of PA 342 - Michigan Legislature - State of Michigan
(b) 1/5 renewable energy credit for each megawatt hour of electricity generated from a renewable energy system, other than wind, at peak demand time as determined by the commission.
(c) 1/5 renewable energy credit for each megawatt hour of electricity generated from a renewable energy system during off-peak hours, stored using advanced electric storage technology or a hydroelectric pumped storage facility, and used during peak hours. However, the number of renewable energy credits shall be calculated based on the number of megawatt hours of renewable energy used to charge the advanced electric storage technology or fill the pumped storage facility, not the number of megawatt hours actually discharged or generated by discharge from the advanced energy storage facility or pumped storage facility.