Are there any additional costs due to the obligation of CFOs?
Yes, the obligation to use CoO’s to substantiate non-renewable energy may entail additional costs. Energy suppliers have to register with VertiCer and adjust their systems for purchasing, applying (if they own production facilities) and cancelling certificates. In addition, it takes them time to manage, transfer and cancel their CoA portfolio monthly to substantiate their deliveries.
The price of a COO depends on supply and varies between the rate VertiCer charges for the creation of CoOs and the value of the marginal foreign Guarantee of Origin (GoO). It is advisable to consult your supplier for specific rates
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