California ERC Market · By Pollutant

NOx Emission Reduction Credits in California

Recorded prices, banked inventory by district, and a direct line to the holders — in one place.

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Why NOx credits matter

NOx is the most demanded offset pollutant in California — it drives ozone formation, and New Source Review permits in ozone nonattainment areas (San Joaquin Valley and South Coast are classified Extreme; Sacramento Metro is Serious) carry binding NOx offset requirements at ratios up to 1.5-to-1.

What NOx ERCs sold for — recorded 2022 prices (CARB)

DistrictMedian $/tonLowHigh
Imperial County APCD$2,700$500$3,188.95
San Joaquin Valley APCD$19,000$57$50,000
South Coast AQMD$356,332.7$356,332.7$356,332.7
Bay Area AQMD$22,000$7,974$31,000
Yolo-Solano AQMD$75,000$75,000$75,000

Source: CARB 2022 ERC transaction report. Yolo-Solano's own transaction history (1998–2024) shows NOx clearing $990–$75,000/ton across 36 recorded transactions.

Districts with banked NOx credits on the Exchange

Registry entries confirming banked NOx volumes, by district:

NOx credits in Yolo-Solano AQMD
32 holder entries with NOx banked
NOx credits in Feather River AQMD
65 holder entries with NOx banked
NOx credits in Sacramento Metro AQMD
14 holder entries with NOx banked
NOx credits in San Joaquin Valley APCD
17 holder entries with NOx banked
NOx credits in Butte County AQMD
2 holder entries with NOx banked
NOx credits in Monterey Bay ARD
12 holder entries with NOx banked
NOx credits in San Diego County APCD
1 holder entry with NOx banked
NOx credits in Santa Barbara County APCD
12 holder entries with NOx banked
NOx credits in Ventura County APCD
12 holder entries with NOx banked
NOx credits in Mojave Desert AQMD
5 holder entries with NOx banked
NOx credits in Antelope Valley AQMD
1 holder entry with NOx banked
NOx credits in Bay Area AQMD
12 holder entries with NOx banked
NOx credits in Eastern Kern APCD
6 holder entries with NOx banked
NOx credits in Imperial County APCD
30 holder entries with NOx banked
NOx credits in Tehama County APCD
8 holder entries with NOx banked
NOx credits in North Coast Unified AQMD
3 holder entries with NOx banked

Search all banked NOx ERCs Post what you need — we find it

Buy or sell NOx ERCs

ERCs are district-bound: a NOx credit is usable in the district (or, with approval, the air basin) where it was generated. Tell us the district and tonnage your permit requires and we search the registries, contact holders, and can represent you as buyer's broker — no fee to inquire. Holders list free and set their own price.