The Renewables Obligation (RO) requires licensed electricity suppliers to source a proportion of the electricity they supply to UK customers from renewable sources. We set suppliers’ obligations as a number of Renewables Obligation Certificates (ROCs). The obligation levels for 2014/15, announced by the Department of Energy and Climate Change (DECC) in September 2013, are:
Using these obligation levels and multiplying by the total electricity supplied (MWh) to UK customers during this obligation period (1 April 2014 – 31 March 2015), the total obligation for 2014/15 is 71,922,000 ROCs. Split out for each obligation this is:
Suppliers can meet their obligations for 2014/15 by 1 September 2015 (31 August for buy-out payments) by:
Any suppliers who do not meet their obligations in full by the end of 1 September will need to make a late payment by 31 October.
For more information, contact: rocompliance@ofgem.gov.uk