5 certificates (S-3273-2 … S-3605-1) · Southern Region
NOx 482,000 lb/yr, ROG / VOC 136,000 lb/yr, SOx 168,000 lb/yr
Home / District guides / San Joaquin Valley APCD / Hydrogen Energy California LLC
| Holder of record | Hydrogen Energy California LLC | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Certificates | 5 certificates (S-3273-2 … S-3605-1) | ||||||||||||
| Source of reductions | Southern Region | ||||||||||||
| Air district | San Joaquin Valley APCD | ||||||||||||
| Pollutants banked |
The district records these volumes in lb/yr; the tons-per-year column is a straight conversion (lb/day × 365 ÷ 2,000; lb/qtr × 4 ÷ 2,000) for comparison only. | ||||||||||||
| Register source | Available Emission Reduction Credits, district reports of 2026-10-03 · district registry page | ||||||||||||
| Status | Banked — not listed |
| Certificate | Pollutant | Amount (lb/yr) |
|---|---|---|
| S-3273-2 | NOx | 482,000 Q1–Q4: 120,500 / 120,500 / 120,500 / 120,500 |
| S-3275-5 | SOx | 168,000 Q1–Q4: 42,000 / 42,000 / 42,000 / 42,000 |
| S-3305-1 | ROG / VOC | 58,500 Q1–Q4: 14,625 / 14,625 / 14,625 / 14,625 |
| S-3557-1 | ROG / VOC | 45,750 Q1–Q4: 11,437 / 11,438 / 11,438 / 11,437 |
| S-3605-1 | ROG / VOC | 31,750 Q1–Q4: 7,937 / 7,938 / 7,938 / 7,937 |
San Joaquin Valley issues credits by quarter; the annual figure is the sum of the four quarterly amounts shown.
Source: Available Emission Reduction Credits, district reports of 2026-10-03 — San Joaquin Valley APCD, retrieved 2026-10-03.
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Prices per ton recorded by the district under Health & Safety Code §40709.5:
| Pollutant | Year | Median $/t | Range | Trades* |
|---|---|---|---|---|
| NOx | 2026 district records | $9,500 | $9,000– | 3 |
| NOx | 2025 district records | $12,000 | $9,500– | 5 |
| NOx | 2024 district records | $16,049 | $16,049 | 1 |
| NOx | 2023 district records | $13,750 | $9,500– | 2 |
| NOx | 2023 CARB | $13,750 | $9,500– | 4 |
| NOx | 2022 CARB | $19,000 | $57– | 53 |
| ROG / VOC | 2026 district records | $4,200 | $4,200 | 1 |
| ROG / VOC | 2025 district records | $4,500 | $4,500 | 1 |
| ROG / VOC | 2024 district records | $66,476 | $10,000– | 5 |
| ROG / VOC | 2023 district records | $174,845 | $174,690– | 2 |
| ROG / VOC | 2023 CARB | $174,845 | $174,690– | 4 |
| ROG / VOC | 2022 CARB | $69,950 | $2,730– | 53 |
| SOx | 2024 district records | $1,477 | $1,477 | 1 |
| SOx | 2022 CARB | $57 | $57– | 53 |
| SOx | 2020 district records | $10,000 | $7,500– | 3 |
| SOx | 2019 district records | $12,500 | $11,000– | 3 |
*For the CARB reports, every recorded transfer in the district that year, all pollutants; for the district's own transaction records, sales of that pollutant, at the price per ton the district records. Recent years shown; every recorded year. Sources: San Joaquin Valley APCD — Cost of Emission Reduction Credit Transactions (annual reports) · CARB 2023 §40709.5 statewide report · CARB 2022 §40709.5 statewide report.
Arithmetic only — the recorded volume multiplied by the San Joaquin Valley median price recorded for each pollutant in 2020–2026, shown as a range because the medians moved between years. Not an appraisal, an offer, or a prediction; actual bids depend on the buyer's permit deadline, the lot size, how many trades the median rests on, and what else is available in the district.
| Pollutant | Volume | × recorded median | Reference |
|---|---|---|---|
| NOx | 241 t | $9,500– | $2.3M– |
| ROG / VOC | 68 t | $4,200– | $286,000– |
| SOx | 84 t | $57– | $4,788– |
| All pollutants with a recorded San Joaquin Valley price | $2.6M– | ||
The buyer and holder agree a price privately. The transfer package — the holder's authorization, the purchase agreement, and the district's transfer forms — goes to San Joaquin Valley APCD, which verifies the banked reductions, records the transfer, and re-issues the certificate (or the remaining balance) in the buyer's name. Credits are generally usable only inside San Joaquin Valley APCD, or its air basin with district board approval under Health & Safety Code §40709.6. District office: (559) 230-6000. District ERC program page.
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