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Respond to our Draft Forward Work Plan and Budget for 2025-28

Following engagement with our stakeholders, we’re pleased to share our draft Forward Work Plan for 2025-28 for consultation. Your invaluable input and feedback have played a crucial role in shaping our approach for the coming years, and we are grateful for your continued support as we plan for the next few years. This document outlines […]

Webinar: Introducing Our Draft Forward Work Plan 2025 – 2028

We are pleased to invite you to our upcoming webinar, where we’ll introduce our draft Forward Work Plan (FWP) for 2025-2028. This plan outlines our key workstreams, financial projections, and strategic priorities for the next three years, focusing on our priorities for 2025-2026.   In the coming year, we will be focusing on:   Service Excellence […]

Introducing our Strategy for 2025-2030

Today, we are pleased to release our Strategy for 2025-2030, which outlines our vision and goals for the Retail Energy Code (REC) and RECCo over the next five years. You can read the document below or download it here. Share your thoughts via this feedback form. Feedback can be submitted until the 5th of February, […]

RECCo Responds to Ofgem’s Decision on the Future of the Central Registration Service (CRS)

RECCo’s Case for the Transfer The transfer of the CRS to RECCo presented an opportunity to align switching services with REC’s consumer-focused governance framework, enabling: Enhanced service delivery; Strategic alignment with REC obligations and Operational, management, and financial challenges to be addressed. We developed a robust case and provided evidence that we could deliver additional […]

Read our second Quarterly Report

We are excited to share our second quarterly report, offering a comprehensive update on RECCo’s progress against the four strategic priorities in our 2024-2027 Strategy and Forward Work Plan (FWP) and how our services are performing so far. We aim to keep stakeholders well-informed and uphold transparency throughout the FWP’s life cycle by providing regular […]

Reduction in MHHS charges to REC Parties from October 2024

In May 2024, we discussed our plans to enhance RECCo’s budget process and improve transparency for stakeholders. Our goal is to ensure that our stakeholders can easily understand our policies and expenditures while also providing the information necessary to demonstrate that they, and ultimately consumers, are getting value for money. Today, we are pleased to […]

2023-24 Budget underspend of £9.8m to be returned to funding parties in October 2024 rebate

RECCo Programmes

The financial performance for 2023-24 marked a significant milestone, reflecting our first full year of delivering the complete suite of Retail Energy Code (REC) services. Our 2023-24 budget was carefully designed to balance addressing immediate challenges and preparing for future needs as outlined in our approved strategy. Following the statutory audit of our 2023-24 results, […]

Chris Anastasi to complete his final term as Chair of the REC Board in March 2025

The REC Board will soon begin the search for a new Chair as Chris Anastasi completes his second and final term in March 2025. After six years of dedicated service, Chris leaves a legacy of strong governance and strategic leadership. Throughout his tenure, Chris has played a pivotal role in steering the REC Board through […]