NOTICE DATE: January 31, 2023

NOTICE TYPE: M-B013123-01 General

SHORT DESCRIPTION: Renewable Energy Credits and Compliance Premiums of 2020 vintage scheduled to expire

INTENDED AUDIENCE: ERCOT Market Participants

DAYS AFFECTED: March 31, 2023

LONG DESCRIPTION: All Renewable Energy Credits (RECs) and Compliance Premiums (CPs) created in 2020 are scheduled to expire and will no longer be useable after March 31, 2023. These RECs and CPs may not be banked and carried over to future years. However, these RECs and CPs may be retired on a voluntary basis or used to satisfy 2022 Renewable Portfolio Standard (RPS) mandates until midnight on March 31, 2023.

At midnight on March 31, 2023, these RECs and CPs will cease to exist.

CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at [log in to unmask].

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