Log into REC Portal
Contact

We’re introducing a Code of Practice to the TPI market

We met with non-domestic Brokers and Suppliers in a series of workshops on the 21st and 22nd of March to ask; “How can we more effectively govern non-domestic Brokers?” Participants at both events agreed that the TPI market needs greater governance and a code of practice should be introduced. As such, we will be starting […]

CLOSED: How can we better support medical equipment users with their electricity costs?

Our regulation and Policy Manager, Dr Andy Mower, has published a new paper which proposes a solution to this growing problem. Exacerbated by the cost-of-living crisis, people who must run medical equipment at home face high electricity bills. As costs increase, these consumers have reported facing difficult decisions – choosing between paying for their food […]

The new metering audit scheme and its impact on REC Parties

As of 1st April 2023, our new metering audit scheme is in place. This article gives an overview of the new scheme, information about the Scheme Auditors and where to access further information. What is the new scheme, and why has it been introduced? A new metering audit scheme has been introduced as part of […]

We’ve finalised our Strategy & Forward Work Plan document for 2023-26

After several rounds of feedback and stakeholder webinars around our strategy and budget, we’re pleased to publish our finalised Strategy & Forward Work Plan for 2023-26. You can read this in full here. What is the Strategy & Forward Work Plan? Our Strategy and Forward Work Plan 2023-26 sets our vision and key priorities for the […]

February Board Highlights

Read the highlights from RECCo’s February board meeting below. Strategy and Forward Work Programme Consultation outcomes The Board received a report on the RECCo consultation on its draft Strategy and Forward Work Plan, and the accompanying financial projections, for the period 2023-2026. RECCo’s Strategy and Forward Work Plan (FWP) aims to strike the right balance […]

How can we effectively govern non-domestic brokers?

We’re hosting two workshops on the 21st and 22nd of March 2023 for non-domestic Suppliers and Brokers to share their views. We’ll discuss options to strengthen the market and protect consumer interests, such as implementing a code of conduct.    We want to develop the Retail Energy Code to protect consumer interests, regardless of which […]

Introducing our annual budget for 2023-24

We’re happy to publish our proposed annual budget for 2023-24. You can read it in full here or using the button below. In accordance with the Retail Energy Code, the REC Board has agreed a 2023-24 Budget, which has been prepared using a zero-based budgeting methodology. This is a good-faith estimate of the anticipated costs […]

Market Stabilisation Charge period 10 invoices have been issued

Invoices for MSC Period 10 have been issued today, 14th February 2023 and payment from Suppliers is due on the 28th February 2023, 10 Working Days from today. All other MSC invoice periods remain unchanged and the MSC invoice schedule has been updated here. If you need further information, please contact our team at: enquiries@recmanager.co.uk […]