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  2. Buying Nutrient Credits

Buying Nutrient Credits

Current Position

Stour Environmental Credits (SEC) has entered into a contract with Norfolk Rivers Consortium to provide nutrient mitigation.

This contract is progressing well and permanent credits for phosphorus and nitrogen are now available to purchase.

Buying Credits

Applicants may register their interest in purchasing credits from SEC as soon as their planning application is validated.

Credits are only created when:

  • Mitigation is assessed through an Appropriate Assessment,
  • Legally secured (e.g. via Section 106),
  • Payment is made – which is due in full upon purchase of the Credits from SEC. We are unable to operate a deposit/reservation scheme or payment plan for credit purchases due to the way in which we are funded.

If a planning application is amended on the same site via a Section 73 application, any allocated credits can be transferred to the new permission without requiring buy-back or reapplication.

Pricing

To support developers in assessing viability and financial commitments, SEC publishes credit pricing transparently:

  • Permanent phosphorus: £350 +VAT per 0.01kg (£35,000 +VAT per kg)
  • Permanent nitrogen: £23.50 +VAT per 0.01kg (£2,350 +VAT per kg)
    Note: 0.01kg equals one credit.

Credit Expiry

SEC works closely with local planning authorities to ensure credits are allocated to developers with a high likelihood of progressing, minimising the need for buy-back. See our Operational Process Flow Diagram [PDF, 72KB] for partnership working procedures.

Credits are allocated to a specific planning application and cannot otherwise be sold onwards or transferred to other schemes.

Credits will expire if the associated scheme is not implemented within the timeframe specified by the planning permission, and any potential buy-back of unused credits is at SEC’s discretion and subject to resale demand.

Registering your Interest

Developers can register their interest in purchasing credits here

Following your registration, a member of our team will be contact to provide further details and progress your purchase if you would like to proceed. 

The information provided including any personal information will be used to process your enquiry, please see our privacy policy for more details.

 

 

 

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