ROCs are a key part of the Renewables Obligation scheme and are useful to suppliers who are incentivised to support the growth of renewable generation.
The number of ROCs you receive for each MWh of electricity you produce depends on the technology (wind, solar PV, anaerobic digestion etc.) of your generation asset and when it was built. This is called ROC banding and helps promote newer technologies which receive more support with multiple ROCs per MWh. Check out the Obligation Bands
You can bundle your ROCs with the power you are selling in one Power Purchase Agreement (PPA), or sell the certificates separately in a stand-alone contract by entering into a ROC Trading Master Agreement (RTMA). We offer contracts lasting from one month to five years. Choose from three main pricing options to fit your appetite for risk and exposure to the variable recycling fund payment along with how you’d like to be paid:
- a fixed price gives you budget certainty and improved cash flow
- a percentage share option (Buyout Price / Recycling Value) can be a good choice for generators looking to achieve a better return over the longer term and who are less focused on cash flow certainty
- the processing fee (per ROC) option is similarly a good choice for generators looking to achieve a better return over the longer term. This is a two-stage ROC payment consisting of the Buyout price less a processing fee and the Buyout fund.
Register your generation asset with Ofgem and provide meter readings to receive ROCs digitally if your installation meets Ofgem’s requirements.