This page last reviewed December 14, 2011
Voluntary Renewable Electricity Program
The Voluntary Renewable Electricity program within the cap-and-trade program allows for entities that are not covered by the cap-and-trade program to apply to ARB to retire allowances on their behalf for using eligible voluntary renewable electricity. ARB will begin to retire allowances in 2014 for voluntary renewable electricity contributions in 2013. The regulation provides one half percent of the annual budget for the budget years in the first compliance period, and then a quarter of a percent for the budget years in the subsequent compliance periods, to be dedicated to a voluntary renewable electricity account from which allowances will be retired.
We will be developing program details and the application process in the coming year. Please check back soon for additional information.