- Publication date
- 23rd August 2018
- Information types
- Policy areas
Total obligation: 117,842,123 ROCs
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 2017/18, announced by the Department for Business, Energy & Industry Strategy (BEIS) on the 1 October 2016, are:
- 0.409 ROCs per MWh of electricity supplied to customers in England, Wales and Scotland
- 0.167 ROCs per MWh of electricity supplied to customers in Northern Ireland.
Using these obligation levels and multiplying by the total electricity supplied (MWh) to UK customers during this obligation period (1 April 2017 – 31 March 2018), the total obligation for 2017/18 is 117,842,123 ROCs. Split out for each obligation this is:
- 105,683,001 ROCs in England and Wales
- 10,838,475 ROCs in Scotland
- 1,320,647 ROCs in Northern Ireland.
Suppliers will have until 1 September 2018 to meet their obligations for 2017/18 (31 August for buy-out payments) by:
- Presenting ROCs to us
- Making a buy-out payment of £45.58 per ROC
- Using a combination of ROCs and a buy-out payment.
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: email@example.com