It is possible to purchase credits on the open market. The District maintains a list of organizations/individuals who have notified the District of their willingness to sell their credits to a third party. The District does not participate in the resale of credits. Please contact the District at 281-486-1105 or info@subsidence.org if you would like more information on credit transfer and purchase.
Yes, as long as the groundwater credits are valid and have not expired, they can be combined.
Valid Series A groundwater credits may be used until expired.
Although the District no longer issues Series A groundwater credits, there are entities that are willing to sell their A groundwater credits, please contact the District if you would like information on those entities that have notified the District that they are willing to sell their A credits.
No, currently each sponsorship (which includes one student in the school program and all of the other aspects of the program) issues 84,000 in Series B groundwater credit which can be used for up to 30% of the permittees total water demand and expires 20 years from issue date.
Yes, historically the District has issued Series A credits which could be used for 100% of a permittee total water demand and expired 40 years from the date of issue. After an evaluation of the credits potential impact on the District’s mission to prevent future subsidence in 2001, the District discontinued issuing Series A groundwater credits and replaced them with the Series B groundwater credits.