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 $652,566,286.01 since 2008.
Massachusetts Most Recent RGGI Auction Proceeds
|Date||Allowances||Clearing Price||Auction Proceeds||Auction #|
*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)
From 2008-2021 Mass has taken in over $652 million from the RGGI Auctions. In 2018, Massachusetts invested $37.7 million, and $490 million since 2008, into energy programs designed to lower Green House Gas emissions. An additional $22.4million was committed for 2019. For more information on Mass and other participants' investments of RGGI benefits, see RGGI, Inc.’s July 2020 Report “The Investment of RGGI Proceeds in 2018."
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