Total 2015-16 RO obligation runs to 84.4mn ROCs
Ofgem confirmed on Friday 2 September that the total number of Renewables Obligation Certificates (Rocs) for the 2015-16 obligation year was 84,439,465. Suppliers were obligated to present 0.29 Rocs/MWh of electricity supplied to customers in England, Wales and Scotland and 0.119 Rocs/MWh of electricity supplied to customers in Northern Ireland. Using these obligation levels and multiplying them by the total amount of electricity supplied to customers between 1 April 2015 – 31 March 2016, Ofgem calculated the total Roc obligation. Suppliers had until 1 September to present the Rocs required and/or make buy-out payments of £44.33 per Roc. Any suppliers who did not meet their obligation by 1 September will now have to make late payments by 31 October.