Extinguishment Credits

We help developers pledge extinguishment credits to the Certificate or Designation. The owner of a Type I, Type II, or Irrigation Grandfathered Groundwater Right has the option of permanently extinguishing their groundwater right in exchange for extinguishment credits. These extinguishment credits can be pledged to a Certificate of Assured Water Supply or a Designation of Assured Water Supply to help meet consistency with the management goal requirement. 

Extinguishment credits may also be conveyed anywhere within the same Active Management Area, provided those credits have not already been pledged toward a Certificate of Assured Water Supply or a Designation of Assured Water Supply. For more information about extinguishment credits, please see A.A.C. R12-15-723 and our FAQs page.