Market Stabilisation Charge update

The MSC is a charge levied on suppliers who gain customers through switching. RECCo’s role is to introduce a robust & efficient process.

On 16th February 2022, Ofgem published a decision document to introduce two measures which they believe are in consumers’ interests. This includes a requirement for suppliers to pay a Market Stabilisation Charge (MSC) when acquiring new customers. The MSC is a charge which is to be levied on suppliers who gain customers through switching. RECCo’s role is to introduce a robust & efficient process for managing the market stabilisation charge when it is introduced by OFGEM.

Share this post

Latest Posts

Consultations Image New
Our 2024 Annual Satisfaction Survey is now open!
Electricity transmission towers with orange glowing wires against night sky
RECCo Responds to Ofgem's Decision on the Future of the Central Registration Service (CRS)
Energy Theft Image Slider 03
Our work to regulate Third-Party Intermediaries (TPIs) in the non-domestic energy market continues
maria-lupan-Qq5ml0tIZKc-unsplash
Our commitment to becoming a menopause-positive workplace
News and Insights Image New
Ofgem approves changes to the Retail Energy Code to make Market-Wide Half-Hourly Settlement possible
MHHS Image New Height
Introducing the Electricity Enquiry Service (EES) API Sandbox: Preparing for Market-wide Half Hourly Settlement (MHHS)
steven-van-loy-oUhSla4L_98-unsplash
Supporting men’s wellbeing and celebrating diversity: International Men’s Day at RECCo
Prepayment Image FP
Partnering with City of London Police: Our Proposal for a Dedicated Energy Theft Unit