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How Much Does Wetland Mitigation Cost Per Acre? Even though wetland mitigation credits are sold on a per acre basis, the value of each credit varies from state to state. Keep in mind that factors such as wetland function, impact activity, and credit type will all determine the price of each credit.
Pricing and Quality Levels: Every mitigation bank has different pricing, with costs varying based on the wetland’s UMAM score. For instance, an acre of average quality wetland may cost approximately $132,000.00.
Depending on the quality of the wetland/surface water functions will play an important factor into the price, which can range from $30,000.00- $360,000.00/Acre of Impact.
EASI’s Mitigation Credit Price Report (MCPR) provides bid, ask and sales price records for US compensatory mitigation credits from the 1990s to the present. The database includes 2700 records and is growing annually. It includes market price references (‘referents’) for: Wetland (wet) credits; Stream (str) credits; Species (spe) credits
Pricing can vary based on bank development costs, credit availability and credit demand. However, we always strive to provide the lowest-cost mitigation credits on the market in order to achieve our conservation goals and promote economic development in Mississippi.
Let’s take a look at some ways that can help you figure out how much a mitigation project will cost. What’s a Credit Cost? Wetland mitigation credits vary depending on the area you are in and market demand. The credit value from a mitigation bank is generally thought of in terms of the extent of the lift in ecological function that will be ...
Wetland credits are generally sold on a per-acre basis, and the value of each credit varies from state to state. Factors such as impact activity, credit type, and wetland function will determine the price of each wetland credit.
The wetland restoration cost data gathered for the research described here, for example, ranged from $5 per acre to $1.5 million per acre. Some cost differences result because of the wide range of restoration projects that are undertaken, but site-specific differences can result in significant cost differences even for apparently similar projects.
Cases in both databases were carefully analyzed and a set of baseline cost per acre estimates were developed for wetland creation, restoration, and enhancement. Observations of costs varied widely, ranging from $5 per acre to $1.5 million per acre.
Functions and values are replaced through restoration or enhancement of manipulated or degraded wetlands. Mitigation plans must be approved by the Natural Resources Conservation Service (NRCS). Mitigation sites may be restored on your land, another person’s land, or land held by a mitigation bank.