REC Parties confirm Rosa Rotko’s reappointment
The Board noted the outcome of the REC Party vote, which closed on 15 September 2025, confirming the reappointment of Rosa Rotko as a Non-Executive Director of RECCo. The vote reflected strong support from REC Parties for Rosa to serve a further two-year term.
Reflections from the Board’s Strategy Day
The Board reviewed outputs from the recent RECCo Employee Away Day and its own Strategy Day, providing input into the Forward Work Plan 2026–29. We expect this planning to be increasingly influenced by Government/Ofgem policy (e.g., Strategic Direction Statement, Clean Power 2030, and Flexibility Roadmap), which will shape our priorities.
The Board was also briefed on recent discussions the Chair and CEO held with stakeholders, including DESNZ and “Mission Control”, which helped clarify expectations and potential gaps around market evolution and flexibility. The Board agreed with the proposed approach for the Forward Work Plan, including:
- Stakeholder webinars
- Consultations
- Budget milestones
The Board also considered and determined an issue arising within the Theft Detection Incentive Scheme, which will require a recalculation of the 2024-25 end-of-scheme reconciliation. We’ll communicate the results to the Performance Assurance Board and REC Parties in due course.
Stakeholder engagement overview
The Board received an update on recent engagement and communications activity, including the REC Party Engagement Day 2025. Stakeholders responded positively, and the event provided opportunities to connect directly with RECCo experts and contribute to key projects, including REC Change, Code Reform, and the Consumer Consent Solution. Informal surgeries on topics such as Energy Theft and Market-wide Half-Hourly Settlement were particularly well attended. The Board also noted:
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The launch of the Annual Stakeholder Satisfaction Survey to inform continuous improvement
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A broad programme of upcoming events to share information and gather input for the Forward Work Plan 2026–29 and key initiatives, including Consumer Consent and Tariff Interoperability
REC Performance Assurance delivery changes
In 2023, RECCo commenced the Code Manager Evolution Project, a strategic initiative to review and potentially transform the REC Code Manager Service. The Board agreed that from 1 September 2026, RECCo will implement a new operating and delivery model for REC Performance Assurance Services. We’ll replace the current single-provider arrangement with a disaggregated model, with RECCo taking direct ownership of:
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Performance Assurance strategy and oversight
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Service integration
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Core assurance products, including the Performance Assurance Operating Plan and Risk Register
This reflects our expanding remit and the impact of the Code Manager Licence. It allows the Board to test a new service model for the industry, increasing transparency, flexibility, and focus on key retail risks.
Energy Theft Pilot with the City of London Police
Following Ofgem’s approval in June 2025 to progress the Energy Theft Enforcement Service (ETES), we’ve been mobilising the Referral Assessment Service. This service is now operational and has begun accepting theft referrals directly from energy suppliers.
In parallel, we’ve been finalising commercial arrangements with the City of London Police to deliver a fully operational ETES by the end of October 2025. We’ll then run a six-week pilot (an “intensification period”) to assess the scheme’s effectiveness. Findings will support the Board’s decision on the longer-term strategic direction later in the year.
Programme portfolio review
The Board noted that the project portfolio is largely in a strong position. Critical initiatives are expected to deliver as planned this year, including:
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Consumer Consent
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Tariff Interoperability
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Enquiry Services Evolution
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Digital Services
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Code Manager Reform
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Code Licence
First forecast for the 2025-26 financial year
The Board received an update on the 2025-26 outturn, noting an expected underspend driven by:
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Realisable cost savings. For example, lower-than-expected deployment costs for the Digital Services platform following the Board’s approval to allow service delivery outside the UK.
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Timing effects. For example, the revised approach to procurement for Enquiry Services.
A second forecast will be presented nearer year-end. Where achievable, any underspend will be returned to the REC funding parties through a charge reduction effective from January 2026. This reflects the Board’s commitment to securing value for money and easing funding requirements for REC funding parties as quickly as possible.
Thank you
The RECCo Board
