Auction Proceeds
Based on the Green Communities Act of 2008, the Department of Energy Resources (DOER) has directed the vast majority of the Commonwealth’s RGGI proceeds into the state’s nation-leading energy efficiency programs delivered statewide by the state’s utilities and energy efficiency service providers through Mass Save®, and the Green Communities Designation and Grant Program for cities and towns. These programs and initiatives are fueling a cleaner energy future for the Commonwealth.
Massachusetts has received $1,223,066,560.42 since 2008.
Massachusetts Most Recent RGGI Auction Proceeds
| Date | Allowances | Clearing Price | Auction Proceeds | Auction # |
|---|---|---|---|---|
| 12-March | 3,083,177 | $19.76 | $60,923,577.52 | Auction 67 |
| 6-Dec | 2,150,772 | $20.05 | $43,122,978.60 | Auction 66 |
| 4-Sep | 2,150,772 | $25.75 | $55,382,379.00 | Auction 65 |
| 24-June | 2,150,772 | $21.03 | $45,230,735.16 | Auction 64 |
| 24-March | 3,236,622 | $16.00 | $51,785,952.00 | Auction 63 |
*2014 Program changes included the creation of Cost Containment Reserve (CCR) of allowances that are only available for sale if CO2 allowance prices exceed certain price thresholds: $4 in 2014, $6 in 2015, $8 in 2016, and $10 in 2017, rising 2.5% each year thereafter.
Massachusetts Auction Results 2008-Present (excel spreadsheet)
RGGI Investments
From 2008-2022, Massachusetts received $687 million in proceeds from the RGGI Auctions. In 2022 Massachusetts invested $72 million, and $681 million since 2008, into energy programs designed to lower Greenhouse Gas Emissions. For more information on Massachusetts' and other participants' investments of RGGI benefits, see RGGI, Inc.’s July 2024 Report The Investment of RGGI Proceeds in 2022.
The charts below reflect updated energy efficiency spending that was not included in the published report.
Additional Resources
Contact
Online
Phone
Open M-F 8:45am-5:00pm