Our budget outlines RECCo’s financial projection for 2024-25 and estimates the costs for the two subsequent years. The budget for this year includes the funds necessary to improve the quality of our services, deliver our portfolio of programmes, enhance our internal resources, and fund the costs of the services we manage.
Join our webinar
Join our webinar at 10 am on 28th February, where we will present the 2024-25 Budget required to deliver our draft Strategy and Forward Work plan commitments.
We will also provide more information about our primary objective for the year: delivering service excellence. We previously talked about this objective during our Forward Work Plan webinar, but as service delivery forms a large proportion of our budget, we would like to take this opportunity to expand on our plans for this area.
In 2023-24, we completed our first year of operating the full suite of REC services. These services include those that went live or were migrated during the Retail Code Consolidation in 2021 and the integration of services in the summer of 2022 as part of the Ofgem Switching Programme. Over the past year, we have taken stock of our services and listened to stakeholders’ needs now and as we look to the future. Our main goal for 2024-25 is to improve our core services, focusing on improvements raised through stakeholder feedback and changes that will help us make a valuable impact against our mission statement.
Submit your comments
We invite all comments from interested parties via email by 5 pm on 6th March 2024 to: brian@retailenergycode.co.uk.
We’re also happy to answer any questions you may have at the webinar on 28th February.
