Your opportunity to vote: Appointment of RECCo’s Commercial Non-Executive Director
Background In accordance with Clauses 5.6-5.9 of the Retail Energy Code (REC), we are notifying all REC Parties that the REC Board, at its meeting on the 12th of June 2024, unanimously approved a recommendation of the Nominations Committee that David Wylie, Non-Executive Director (Commercial) be re-appointed for a second 3-year term from 1st October […]
Board Highlights June 2024
June 2024 Board – update on RECCo’s programme of work.
Introducing our 2023-24 Annual Report
We are delighted to present our Annual Report for 2023-24. This report provides an overview of our activities in the previous financial year, including our major accomplishments, operational highlights, and our performance compared to our budget. Read the report in full here.
Join the Enquiry Services Stakeholder Advisory Group
To support the Enquiry Services evolution project, we are establishing a Stakeholder Advisory Group (SAG); a group of industry stakeholders who will be able to offer guidance, diverse perspectives, and insights from experienced service users throughout the project lifecycle.
Enhancing the REC Change Process: Addressing challenges and implementing improvements
We’ve detailed the key changes that we’ve started to make this year to improve the REC Change Process for stakeholders alongside the Code Manager.
Transforming the Central Registration Service: Consultation and our plans
On May 21 2024, Ofgem initiated a consultation on the future of the Central Registration Service (CRS). The purpose of this consultation is to gather feedback from stakeholders.
2023/24 Rebate announcement and process enhancements for 2024/25
We are pleased to provide an early estimate of RECCo’s 2023-24 rebate, which is projected to be in the region of £9.5 million. The final value will be confirmed in our statutory audit, due to complete in Summer 2024. This rebate will be returned to Parties as a reduction against October 2024 invoices. We achieved […]
Join the Switching Advisory Forum as we plan for the potential transfer of the Central Registration Service
Ofgem launched a consultation on the future of the Central Registration Service (CRS) on 21st May as part of the broader DCC Review Phase 2. This consultation seeks feedback on the proposal to remove the CRS provision from the DCC License and transfer the obligation to the Retail Energy Code (REC), managed by RECCo. Stakeholders […]
Ofgem is consulting on the future of switching
On 21st May, Ofgem launched its consultation on the future of the Central Registration Service (CRS). This request for stakeholder feedback on the future of the CRS comes as part of a broader consultation that also considers future arrangements for the governance of the Data Communications Company (DCC). Ofgem is inviting views from people and […]
Do you have experience with the Switching arrangements? We want to hear from you!
Ofgem introduced the Switching Incentive Regime in April 2023, a performance incentive regime for the Data Communications Company (DCC) for its roles in delivering the Switching arrangements to the retail energy market. DCC has three roles under the enduring switching arrangements: the Central Switching Service Provider, the Certificate Authority and the Switching Operator. RECCo is […]