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YOUR COMPLETE PHOSPHATE CREDIT SOLUTION

The industry has already seen a number of phosphate credit schemes launch since Local Planning Authorities introduced nutrient neutrality restrictions yet many of these are expensive, uncertain or only suitable for very large developments.  WCI provides a dependable, transparent and cost-effective alternative.

WCI’s Phosphate Credit Scheme Is Different

  • Lowest cost phosphate credits on the market.  Just £30,000 per kg.
  • Credits sold in 0.01 kg units with a minimum purchase of 0.1 kg.
  • 10% deposit means low level of cost and commitment until planning is awarded.
  • Up to 3 years before balance is due on purchases over 1 kg.  You choose when to complete the purchase.
  • Over 130 kg immediately available across all Somerset river catchments
  • Fully approved by Somerset County Council and Natural England.
  • Commercial terms for bridging credits recognising the reductions that 2030 represents for some developments.
  • No S106. No administration fees. No legal costs. No Nonsense Nutrient Neutrality!

Our phosphate credit scheme is based on the upgrade of septic tanks and treatment plants – a well-established strategy which has been proven to be acceptable to Local Planning Authorities and Natural England. Replacing polluting septic tanks delivers an immediate and tangible benefit to the environment, is scalable across all river catchments and doesn’t put constraints on the use of productive agricultural land.

In early 2024, WCI was the first to sign a landmark agreement with Somerset Council which allows us to ‘bank’ the Phosphate Credits from septic tank upgrades, leading the way for a more efficient delivery of credits across the county.  Since then, we’ve upgraded numerous polluting septic tanks under our free upgrade scheme, and we’ve helped to get scores of developments back on track by alleviating the planning bottleneck around nutrient neutrality. 

Autumn 2024 Update: For Credit Purchases over 1kg

We’ve introduced even more favourable terms to our credit scheme to improve the timing of developers’ cashflows around larger planning applications.  These terms accommodate protracted planning timeframes and the complexities of the planning process regardless of whether it’s an outline application with all matters reserved or a full planning application.

Simply put, for credit purchases over 1 kg, final payments are now linked to the commencement of a development.  With no linkage to the timing of a Decision Notice, the timing of our nutrient neutrality payments are better aligned with s.106 negotiations and land valuation and acquisition milestones thus making nutrient neutrality more affordable.

 

For more information and to register your interest, click below or call us on 01984 623404 to discuss your project requirements.

No Nonsense
Nutrient Neutrality