Is retiring ROCs/LECs regarded as additional activity?
Top Retiring these certificates is not regarded as an additional activity by itself. To ensure that there is no double counting of ROCs/LECs a supplier must hold the requisite number of Renewable Energy Guarantee of Origins (REGOs) to support the volume of renewable supply in a green tariff/contract. The supplier must also either retire or redeem any associated Levy Exemption Certificates (LECs) to ensure that they are not later sold on to other customers. However the supplier will also have to show that retirement in this case does lead to extra carbon emissions being abated either through offsetting or other activities.
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