Renewable Energy Certificate Value Calculator

Work out renewable energy certificate value instantly with clear inputs, formula shown and shareable results.

About Renewable Energy Certificate Value Calculator

Renewable energy certificates are issued per megawatt-hour of eligible generation, with some schemes granting multiple certificates for favoured technologies. Revenue is certificates times market price less registry and trading costs. Certificate prices are volatile because they depend on compliance demand against supply.

Formula

Certificate revenue

Certificates = generation x certificates per MWh; net revenue = certificates x price x (1 - trading cost %)

Worked example

With the default values below, Renewable Energy Certificate Value Calculator returns Net Certificate Revenue of $87,300,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Eligible Generationminimum 0 MWh: 90,000 MWh
Certificates Per MWhminimum 0: 1
Certificate Priceminimum 0 per certificate: 1,000 per certificate
Registry And Trading Costaccepts 0–30 %: 3 %

Results

Net Certificate Revenue: $87,300,000.00
Certificates Issued: 90,000.0
Gross Certificate Revenue: $90,000,000.00
Net Revenue Per MWh: $970.000

Step by step

1Values used
2Certificate revenue
3Net Certificate Revenue= 87,300,000.00
4Certificates Issued= 90,000.0
5Gross Certificate Revenue= 90,000,000.00
6Net Revenue Per MWh= 970.000

Assumptions and limits

The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation, tax or compounding frequency into account.
Figures are rounded for display to 3 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
Certificate eligibility, issuance and trading are governed by the scheme rules of your jurisdiction. Double counting of environmental attributes is prohibited.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Certificate eligibility, issuance and trading are governed by the scheme rules of your jurisdiction. Double counting of environmental attributes is prohibited.

Frequently Asked Questions

Why are certificate prices so volatile?

They are set by the gap between mandated compliance demand and certified supply. A surplus collapses prices to the floor; a shortfall pushes them to the penalty price.

Can certificates be sold alongside the electricity?

Only if the offtake contract does not already claim the environmental attributes. Selling both the power as green and the certificates separately is double counting and is prohibited.