It’s your opportunity to vote!
Vote for the appointment of an Industry (Networks) Non-Executive Director and the re-appointment of RECCo Policy, Regulation and Net-Zero 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 Nominations Committee met on 8th June 2023 and has recommended that Isabelle Haigh is […]
Our first annual review is here!
The Retail Energy Code Company (RECCo) Board is delighted to publish its Annual Review, which reviews our activities in the 2022/23 financial year. The Annual Review provides a summary of the operational performance delivered by RECCo and its Code Manager, as well as other service providers. Our primary focus is the stability, improvement, and evolution […]
What happened at our first REC Services Development workshop?
We recently hosted the first of three REC Services Development workshops. Members of the RECCo Team travelled to Glasgow to hear industry stakeholders share their thoughts on the Code Manager and Enquiry Services. The valuable feedback received will play a pivotal role in shaping these services’ short-term and long-term future. Learn more about the workshop […]
Update on the proposed TPI Code of Practice
We want to thank all those who have already provided feedback on our proposals for a Third-Party Intermediaries Code of Practice, including those who attended the broker workshop on the 20th of June. We remain on track to formally submit the draft Code of Practice for incorporation into the Retail Energy Code by the end […]
Executive Team Update – June 2023
Our Chairman, Chris Anastasi would like to share the following message with all RECCo stakeholders: “I am writing to inform you of a temporary planned change to our Executive Team at the Retail Energy Code Company (RECCo), which I anticipate being in place for up to 6 months. The RECCo Nominations Committee and Board have […]
Board Highlights April 2023
Market-wide Half Hourly Settlement Project The Board were presented with the detailed RECCo work programme and the team responsible for delivering the Market-wide Half Hour Settlement initiative. RECCo has a key role in the delivery of the Market-wide Half Hour Settlement (MHHS) Programme which will require updates to the REC and REC Systems reflecting […]
We’ve re-appointed our customer and digital-focused Non-Executive Directors for the next two years
We’re happy to announce that we’ve re-appointed Helen Charlton – our customer-focused NED – and Roshan Awatar – our digital-focused NED, for another two years. This follows the recommendation of the REC Board and nominations committee and a vote by REC Parties. RECCo Chair, Chris Anastasi spoke highly of Helen and Roshan following the nomination […]
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 […]