California ERC market report

California ERC prices, 2025

3 districts with recorded prices.

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For 2025 the Exchange holds recorded ERC prices from 3 California districts. NOx ran from $2,700 per ton in Imperial County to $12,000 in San Joaquin Valley. ROG / VOC ran from $2,025 per ton in Imperial County to $4,500 in San Joaquin Valley. PM10 ran from $600 per ton in Imperial County to $9,040 in Mojave Desert. Each figure is the median (or, where only an average was published, the average) per ton for that district and pollutant, with the number of sales it rests on and its source.

NOx, 2025

District$/tonRangenSource
San Joaquin Valley$12,000$9,500–$16,5005District records
Imperial County$2,700$2,700–$2,7785District records

ROG / VOC, 2025

District$/tonRangenSource
San Joaquin Valley$4,500$4,500–$4,5001District records
Imperial County$2,025$2,025–$2,0252District records

PM10, 2025

District$/tonRangenSource
Mojave Desert$9,040$9,040–$9,0402District records
Imperial County$600$450–$1,20030District records

n is the number of priced sales behind the figure; for CARB's reports it is the district's recorded transactions that year across all pollutants. Prices are as recorded, not adjusted for inflation.