I-REC(E) fee structure is controlled by the I-Track, for more information go the I-Track page for details

https://www.trackingstandard.org/product-code/electricity/

I-REC(E) New Zealand Fee Structure

Registrant Fees (device/generation owner accounts)

Invoices for Registrant Fees are issued by EMS

  • Registrant application fee - NZD 0.00
  • One-time device registration fee - NZD 1,500.00
  • Device renewal fee after 5 years – NZD 600.00
  • Issuance fee - NZD 0.04 / MWh (NZD 0.05 / MWh for self-consumption)

Participant Fees (Trade and Redemption accounts)

Invoices for Participant Fees are issued by Evident Services B.V.

  • One-time trade account opening fee - EUR 500.00
  • Annual trade account fee - EUR 2000.00
  • Additional redemption account fee - EUR 0.00
  • Redemption fee (per MWh) - EUR 0.06