What must I do to sell my ROCs in the e-ROC auction?
The first step is to enter into the Agency Agreement and transfer the ROCs to our ROC holding account.
As a new user, how long will it take to register for an auction?
You can send signed Acceptance Forms at any time but no later than 5 days before the date of the auction. This will allow details of your ROCs to be shown on the auction site 2 days before the auction starts.
How will I get paid for the ROCs sold at auction?
Following the auction and after payment has been received from the successful bidders, we will ask you to send an invoice to us. We will then make payment to you, less our fees. Payment is usually made within 20 banking days of the auction.
How much will it cost me to sell my ROCs through the e-ROC auction?
The charge is 50p + VAT per ROC, subject to a minimum fee of £50 + VAT. This means any quantity up to 100 ROCs will cost £50.
Can I specify a reserve price for my ROCs?
Yes, if you wish, you may agree with us a reserve price for the ROCs you place in our auction. Up to January 2007, our auctions operated without minimum or reserve prices and there has been little variation in the prices achieved in each auction (see Track Record).
How many ROCs are in a lot?
The size of lots can vary from a few hundred to a few thousand; there is no set size.
Why are suppliers willing to buy lots in the auction at more than the “buy out” price published by Ofgem (2013/14 £42.02)?
By submitting ROCs to Ofgem they avoid having to pay the “buy-out” price and benefit from a payment from the “buy-out fund”.
How can I be sure I’ll get the best price for my ROCs?
There are no guarantees, but you only have to look at our record-to-date to compare what you could have sold your ROCs for, compared with the prices you have been getting. We think you’ll find our results very attractive.
Do I have to sell my electricity to NFPAS to sell my ROCs via e-ROC?
There is no obligation to sell your electricity to us, although if you wish to do so, you can sell your
Can I sell co-fired ROCs through e-ROC online auctions?
Yes. We have sold co-fired ROCs alongside ordinary ROCs in the e-ROC online auctions.