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 […]
October 2024 Board Highlights

Highlights from our October 2024 Board Meeting.
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

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 […]
August 2024 Board Highlights

Development of the RECCo Strategy for the financial year 2025/26 and beyond Board Members were briefed on live Ofgem and Government consultations that may impact RECCo and/or the arrangement governed under the REC. These included the process for appointing a potential successor to the DCC, extension of GT of last resort provision of gas metering, […]
Share your voice: our Annual Stakeholder Satisfaction Survey is coming soon!

We’ll contact all stakeholders in early November to gather feedback on our REC Services. This will be our third Annual Satisfaction Survey, an essential tool for collecting both quantitative and qualitative feedback. Your input is essential in helping us prioritise changes for 2025-26 and ensure our services align with your needs. Why participate? Your feedback […]
Help shape our 2025-28 Strategy and Forward Work Plan

We’re in the process of developing our Strategy and Forward Work Plan for 2025-2028, and we want your input! What’s new? This year, we’re taking a new approach by separating our Strategy document from the Forward Work Plan. The Strategy will outline our medium-term direction and will be published periodically, guiding our efforts over the […]
Introducing our first Quarterly Report

We are pleased to present our first quarterly report, which provides a comprehensive update on our progress towards the four key priorities outlined in our Strategy and Forward Work Plan (FWP) for 2024-2027 and how our services are performing so far. By implementing quarterly reporting, we aim to keep stakeholders informed throughout the life cycle […]