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Corporate and Financials

Our aim is to be open and transparent by sharing financial and corporate management information where possible with our stakeholders.

The REC and the RECCo Articles of Association together set out the framework for the operation of RECCo.  

Section 5: RECCO and the REC Board of the REC sets out the objectives of our Board, the process for the appointment and removal of our Board Directors and matters relating to the operation of our Board meetings. 

Section 9: Annual Budget and Cost Recovery of the REC sets out our obligations to develop an annual strategy and budget and consult with REC Parties. It also sets out the basis of recoverable costs of RECCo and the mechanism for recovery of such costs from REC Parties.  

Please click on the sections below for further information on each topic.  

Strategy and Forward Work Plan for 2022 – 2025

The RECCo Board has published in April 2022 its strategy and forward work plan for 2022-2025. This has been informed by stakeholder views, including comments received on the draft published in January 2022.

Financial Budget 2022/23

On 4th of February 2022, RECCo Board published its Financial Budget for 2022-2023.

REC Charging Statement

The REC Charging Statement provides information to parties on their REC charges. This document will also be made available on the REC Portal from 1st September 2021.

2021 RECCo Financial Statements

The statutory audit of RECCo’s income and expenditure for year ended 31 March 2021 has now been completed.

Corporate and Financial News

Company NewsCorporate and Finance

Strategy and Forward Work Plan for 2022 – 2025

The RECCo Board has published in April 2022 its strategy and forward work plan for 2022-2025. This has been informed by stakeholder views, including comments received on the draft published in January 2022.

Company NewsCorporate and Finance

Financial Budget 2022/23

On 4th of February 2022, RECCo Board published its Financial Budget for 2022-2023.

Company NewsCorporate and Finance

REC Charging Statement

The REC Charging Statement provides information to parties on their REC charges. This document will also be made available on the REC Portal from 1st September 2021.

Company NewsCorporate and Finance

2021 RECCo Financial Statements

The statutory audit of RECCo’s income and expenditure for year ended 31 March 2021 has now been completed.

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