Certificate Statement
RTF Certificates are associated with the obligation period in which the associated renewable fuel was supplied. For example, a certificate awarded for fuel supplied between 15/04/09 and 14/04/10 will be recorded in your account for the 09/10 obligation period. You will have a different statement for each obligation period. Certificates cannot be moved between obligation periods.
On this screen, you must select the obligation period for which you want to see your transactions and balance (top left). You may only view one obligation period at a time.
When you select an obligation period, the date by which you must meet your obligation for that period is shown as the Redemption Deadline. The date by which certificates must be surrendered for a share of any recycle fund is shown as the Surrender Deadline.
The first table at the top of the screen shows:
Fossil Fuel volume to date: the amount of fossil fuel you have supplied for the obligation period selected from which your obligation amount is calculated.
Current Obligation: the obligation amount based on the fossil fuel supplies and the obligation rate for the period to date. Please note that the obligation is for the whole year but this figure shows the obligation to date and will change after each report is submitted.
Balance this period: the total number of certificates from this obligation period that have been awarded or transferred to your account.
Remaining from previous period: the number of certificates remaining on your account from the previous obligation period.
Available for redemption: the total number of certificates available to meet your obligation for this period. All of your certificates for this obligation period are included in this total, but certificates from the previous period count for no more than 25% of the total obligation so certificates representing only 25% of your current obligation are included.
Certificate Transactions
The second table (the lower part of the screen) details all certificate transactions that have occurred in the selected obligation period, together with the date on which they occurred.
The next column identifies the ROS User who made the transaction.
The last column shows whether a transaction has been completed or not. A transaction can happen overnight or at a future date that has been chosen until then a red cross will show. This will then be replaced by a green tick after the transaction date.
Trading
If you have already arranged a trade of certificates with another account-holder, click on the grey Transfer button
If you are looking for someone with whom to trade certificates, click on Find Account to Trade With.
Specify your search criteria (such as some or all of a company name) and click the Search button. You can use % as a wildcard: type the % character into the Account Name field, to search for all or a range of accounts. A list of matching accounts, which have agreed to their contact details being published, will be returned.
Click the Select link for the account-holder whose contact details you wish to view. This will show you the contact details of the Lead User.
Click the Trade button and this will take you to the Transfer Certificates screen, where you can set up a transfer of certificates from your account to another.
Redemption and Surrender of Certificates
At the end of the Obligation Period, obligated accounts will have a new button Redeem next to the Transfer button. Clicking on this button takes you to a screen where you can redeem certificates against your obligation. This screen is like the Transfer Certificates screen except that you transfer certificates to your obligation rather than to another account.
After the redemption period has closed all biofuel and fossil fuel accounts will be able to surrender certificates to qualify for a proportion of the recycled buy-out fund. A new button Surrender will appear next to the Transfer button. Clicking the Surrender button takes you to a screen where you may elect to surrender certificates.
Last Modified: 30 Nov 2009