Currently, companies holding a Gas Supplier, Electricity Supplier, Gas Transporter, Electricity Distribution or Smart Communications licence are required to accede to and comply with the Retail Energy Code.

Companies who have a supply licence but are not yet active can accede when they are ready to. These companies should be aware that they won’t be able to acquire customers once the Central Switching Systems goes live, if they have not completed entry testing/requirements. 

Yes. Non-domestic suppliers who offer only fixed term contracts will have processes that will be handled by the new Central Switching Service in accordance with the Retail Energy Code. 

Also, while the designated v1.0 of the Retail Energy Code is focused on transitional requirements to deliver the Switching Programme, the code will in due course provide most, if not all, of the industry governance of retail arrangements, whether domestic or non-domestic. 

To accede to the Retail Energy Code please contact info@retailenergycode.co.uk

Each limited company will need accede to the Retail Energy Code. If the two licences were held by the same limited company, then one accession agreement would be fine as the agreement is between the company and RECCo.

The designated version of the Retail Energy Code, being focused on transitional requirements to deliver the Switching Programme, is subject to the Switching Programme change control process and governance.

Costs associated with operation of the Retail Energy Code are funded by Supplier Parties. These costs are calculated on a market share basis, defined by each Supplier’s share of the total number of Registrable Measurement Points in the market.