We are the
RETAIL ENERGY CODE COMPANY
We’re at the start of something exciting.
Simplifying, raising standards and facilitating innovation in the retail energy market.
We are an independent, proactive, and forward-looking non-profit company set up to simplify, improve, and facilitate innovation in the Retail Energy Market. Through leading on change to the Retail Energy Code, we will promote positive outcomes for consumers whilst making the market work more efficiently and effectively for our stakeholders.
The REC represents a step-change for the industry with a mission to elevate customer outcomes through promoting innovation and competition. Our operating model provides an opportunity to create a new standard for code governance to transform the nature of decision-making in the energy sector. It will put consumer outcomes at the heart of the arrangements, provide an accessible set of rules in plain English and digital format, and introduce new robust technical and performance assurance frameworks for industry players.
Today we held a market engagement session as part of the first stage of RECCo’s procurement for the provision of audit services for the metering arrangements contained under the Retail Energy Code (REC).