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To assist in providing information regarding issuance of Emission Reduction
Credits (ERCs), AQMD provides the following information to interested
parties. Be advised that it is the ERC applicant’s responsibility to
understand all applicable ERC rules and regulations.
What application form should I use for ERC applications?
What
is the filing fee for ERC applications?
What
rules govern the generation of ERCs?
What are some of the primary requirements that govern the generation of
ERCs?
Does the AQMD website provide general information on ERCs?
Can an ERC application be processed on an expedited basis?
What application form should I use for
ERC applications?
Please use application
Form 401 – Application for Emission Reduction Credit (ERC) Certificate of
Title.
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What is the filing fee for ERC applications?
The filing fee for ERC applications is outlined under
Rule 301.
SUMMARY OF ERC PROCESSING RATES, BANKING, CHANGE OF TITLE,
ALTERATION/MODIFICATION, and CONVERSION TO SHORT TERM CREDITS
Year &
Schedule |
Banking Application |
Change of Title |
Alteration/
Modification |
Conversion to Short Term Credits |
Re-issuance of Short Term Credits |
FY
06-07
I |
$2,745.06 |
$484.90 |
$484.90 |
$484.90 |
$484.90 |
FY
07-08
I |
$3,019.57 |
$533.39 |
$533.39 |
$533.39 |
$533.39 |
FY
08-09
I |
$3,321.52 |
$586.73 |
$586.73 |
$586.73 |
$586.73 |
FY
09-10
I |
$3,321.52 |
$586.73 |
$586.73 |
$586.73 |
$586.73 |
The fiscal year (FY) starts July 1 of each year.
What rules govern the generation of ERCs?
In order to obtain an ERC, an application must be filed for each existing
source that is to be modified or permanently taken out of service.
Rule 1309(b) in part states:
“In order to obtain an ERC, an application (Form
401) made in the form and along with supporting data and documents
required by the Executive Officer or designee shall be submitted for each
existing source that is to be modified or permanently taken out of service.
The application shall be submitted no more than 180 days after the emission
reduction occurs.”
To further your understanding of the requirements for ERC Banking
applications, please familiarize yourself with the following rules:
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What are some of the primary
requirements that govern the generation of ERCs?
The following are some of the primary requirements that govern the
generation of ERCs:
- ERCs are evaluated on an actual emissions basis, not on a potential to
emit basis.
- Per
Rule 1309(b)(4) & (5), emission reductions must be:
- real;
- quantifiable;
- permanent;
- federally enforceable;
- surplus; and
- not greater than the equipment would have achieved if operating with
current Best Available Control Technology (BACT).
- Note the “payback” provision of
Rule 1306(e)(3). The ERC is equal to the prescribed emission credit at
the facility minus the NSR balance, all Community Bank allocations, all
Priority Reserve allocations, and all offsets obtained pursuant to the
exemption provisions of
Rule 1304. Due to the number of systems and complexity of
transactions, an application must be filed to determine the payback.
Does the AQMD website provide
general information on ERCs?
Yes. Please visit our
Emission Reduction Credits page.
Can an ERC application be processed
on an expedited basis?
Yes. ERCs may be processed on an expedited basis if such request is made
using
Form 400-XPP, available at our
Permit Application Forms page.
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