diff --git a/src/model/resources/thermal/thermal_commit.jl b/src/model/resources/thermal/thermal_commit.jl
index 47949bb557..b654f098ca 100644
--- a/src/model/resources/thermal/thermal_commit.jl
+++ b/src/model/resources/thermal/thermal_commit.jl
@@ -361,11 +361,20 @@ function thermal_maintenance_capacity_reserve_margin_adjustment!(EP::Model,
     MAINT = resources_with_maintenance(dfGen)
     applicable_resources = intersect(MAINT, THERM_COMMIT)
 
-    resource_component(y) = dfGen[y, :Resource]
-    capresfactor(y, capres) = dfGen[y, Symbol("CapRes_$capres")]
-    cap_size(y) = dfGen[y, :Cap_Size]
-    down_var(y) = EP[Symbol(maintenance_down_name(resource_component(y)))]
     maint_adj = @expression(EP, [capres in 1:ncapres, t in 1:T],
-                    -sum(capresfactor(y, capres) * down_var(y)[t] * cap_size(y) for y in applicable_resources))
+							sum(thermal_maintenance_capacity_reserve_margin_adjustment(EP, inputs, y, capres, t) for y in applicable_resources))
     add_similar_to_expression!(EP[:eCapResMarBalance], maint_adj)
 end
+
+function thermal_maintenance_capacity_reserve_margin_adjustment(EP::Model,
+                                                                 inputs::Dict,
+																 y::Int,
+																 capres::Int,
+																 t)
+    dfGen = inputs["dfGen"]
+    resource_component = dfGen[y, :Resource]
+    capresfactor = dfGen[y, Symbol("CapRes_$capres")]
+    cap_size = dfGen[y, :Cap_Size]
+    down_var = EP[Symbol(maintenance_down_name(resource_component))]
+    return -capresfactor * down_var[t] * cap_size
+end
diff --git a/src/write_outputs/capacity_reserve_margin/effective_capacity.jl b/src/write_outputs/capacity_reserve_margin/effective_capacity.jl
new file mode 100644
index 0000000000..5d6d47246c
--- /dev/null
+++ b/src/write_outputs/capacity_reserve_margin/effective_capacity.jl
@@ -0,0 +1,54 @@
+@doc raw"""
+	thermal_plant_effective_capacity(EP::Model,
+	                                 inputs::Dict,
+									 resources::Vector{Int},
+									 capres_zone::Int,
+									 timesteps::Vector{Int})::Matrix{Float64}
+
+	Effective capacity in a capacity reserve margin zone for certain resources in the given timesteps.
+"""
+function thermal_plant_effective_capacity(
+    EP,
+    inputs,
+    resources::Vector{Int},
+    capres_zone::Int,
+    timesteps::Vector{Int},
+)::Matrix{Float64}
+    eff_cap =
+        thermal_plant_effective_capacity.(
+            Ref(EP),
+            Ref(inputs),
+            resources,
+            Ref(capres_zone),
+            Ref(timesteps),
+        )
+    return reduce(hcat, eff_cap)
+end
+
+function thermal_plant_effective_capacity(EP::Model, inputs::Dict, y, capres_zone::Int)
+    T = inputs["T"]
+    timesteps = collect(1:T)
+    return thermal_plant_effective_capacity(EP, inputs, y, capres_zone, timesteps)
+end
+
+function thermal_plant_effective_capacity(
+    EP::Model,
+    inputs::Dict,
+    r_id::Int,
+    capres_zone::Int,
+    timesteps::Vector{Int},
+)::Vector{Float64}
+    y = r_id
+    dfGen = inputs["dfGen"]
+    capresfactor = dfGen[y, Symbol("CapRes_$capres_zone")]
+    eTotalCap = value.(EP[:eTotalCap][y])
+
+    effective_capacity = fill(capresfactor * eTotalCap, length(timesteps))
+
+    if has_maintenance(inputs) && y in resources_with_maintenance(dfGen)
+		adjustment = thermal_maintenance_capacity_reserve_margin_adjustment(EP, inputs, y, capres_zone, timesteps)
+		effective_capacity = effective_capacity .+ value.(adjustment)
+	end
+
+    return effective_capacity
+end
diff --git a/src/write_outputs/capacity_reserve_margin/write_capacity_value.jl b/src/write_outputs/capacity_reserve_margin/write_capacity_value.jl
index 1acae4ee7f..cbefad6c83 100644
--- a/src/write_outputs/capacity_reserve_margin/write_capacity_value.jl
+++ b/src/write_outputs/capacity_reserve_margin/write_capacity_value.jl
@@ -48,7 +48,7 @@ function write_capacity_value(path::AbstractString, inputs::Dict, setup::Dict, E
 
         power(y::Vector{Int}) = value.(EP[:vP][y, riskyhour])'
 
-        capvalue[riskyhour, THERM_ALL_EX] .= crm_derate(i, THERM_ALL_EX)
+		capvalue[riskyhour, THERM_ALL_EX] = thermal_plant_effective_capacity(EP, inputs, THERM_ALL_EX, i, riskyhour) ./ total_cap(THERM_ALL_EX)
 
         capvalue[riskyhour, VRE_EX] = crm_derate(i, VRE_EX) .* max_power(riskyhour, VRE_EX)
 
@@ -121,3 +121,4 @@ function capacity_reserve_margin_price(EP::Model, inputs::Dict, setup::Dict, cap
     scale_factor = setup["ParameterScale"] == 1 ? ModelScalingFactor : 1
     return dual.(EP[:cCapacityResMargin][capres_zone, :]) ./ ω * scale_factor
 end
+
diff --git a/src/write_outputs/capacity_reserve_margin/write_reserve_margin_revenue.jl b/src/write_outputs/capacity_reserve_margin/write_reserve_margin_revenue.jl
index e2bfc70153..f40877ac78 100644
--- a/src/write_outputs/capacity_reserve_margin/write_reserve_margin_revenue.jl
+++ b/src/write_outputs/capacity_reserve_margin/write_reserve_margin_revenue.jl
@@ -9,6 +9,7 @@ Function for reporting the capacity revenue earned by each generator listed in t
     As a reminder, GenX models the capacity reserve margin (aka capacity market) at the time-dependent level, and each constraint either stands for an overall market or a locality constraint.
 """
 function write_reserve_margin_revenue(path::AbstractString, inputs::Dict, setup::Dict, EP::Model)
+    scale_factor = setup["ParameterScale"] == 1 ? ModelScalingFactor : 1
 	dfGen = inputs["dfGen"]
 	G = inputs["G"]     # Number of resources (generators, storage, DR, and DERs)
 	T = inputs["T"]     # Number of time steps (hours)
@@ -31,9 +32,10 @@ function write_reserve_margin_revenue(path::AbstractString, inputs::Dict, setup:
 	dfResRevenue = DataFrame(Region = dfGen.region, Resource = inputs["RESOURCES"], Zone = dfGen.Zone, Cluster = dfGen.cluster)
 	annual_sum = zeros(G)
 	for i in 1:inputs["NCapacityReserveMargin"]
+		weighted_price = capacity_reserve_margin_price(EP, inputs, setup, i) .* inputs["omega"] / scale_factor
 		sym = Symbol("CapRes_$i")
 		tempresrev = zeros(G)
-		tempresrev[THERM_ALL] = dfGen[THERM_ALL, sym] .* (value.(EP[:eTotalCap][THERM_ALL])) * sum(dual.(EP[:cCapacityResMargin][i, :]))
+		tempresrev[THERM_ALL] = thermal_plant_effective_capacity(EP, inputs, THERM_ALL, i)' * weighted_price
 		tempresrev[VRE] = dfGen[VRE, sym] .* (value.(EP[:eTotalCap][VRE])) .* (inputs["pP_Max"][VRE, :] * (dual.(EP[:cCapacityResMargin][i, :])))
 		tempresrev[MUST_RUN] = dfGen[MUST_RUN, sym] .* (value.(EP[:eTotalCap][MUST_RUN])) .* (inputs["pP_Max"][MUST_RUN, :] * (dual.(EP[:cCapacityResMargin][i, :])))
 		tempresrev[HYDRO_RES] = dfGen[HYDRO_RES, sym] .* (value.(EP[:vP][HYDRO_RES, :]) * (dual.(EP[:cCapacityResMargin][i, :])))
@@ -52,9 +54,7 @@ function write_reserve_margin_revenue(path::AbstractString, inputs::Dict, setup:
 			tempresrev[DC_CHARGE] .-= dfVRE_STOR[(dfVRE_STOR.STOR_DC_CHARGE.!=0), sym_vs] .* ((value.(EP[:vCAPRES_DC_CHARGE][DC_CHARGE, :]).data ./ dfVRE_STOR[(dfVRE_STOR.STOR_DC_CHARGE.!=0), :EtaInverter]) * (dual.(EP[:cCapacityResMargin][i, :])))
 			tempresrev[AC_CHARGE] .-= dfVRE_STOR[(dfVRE_STOR.STOR_AC_CHARGE.!=0), sym_vs] .* ((value.(EP[:vCAPRES_AC_CHARGE][AC_CHARGE, :]).data) * (dual.(EP[:cCapacityResMargin][i, :])))
 		end
-		if setup["ParameterScale"] == 1
-			tempresrev *= ModelScalingFactor^2
-		end
+		tempresrev *= scale_factor^2
 		annual_sum .+= tempresrev
 		dfResRevenue = hcat(dfResRevenue, DataFrame([tempresrev], [sym]))
 	end