Our objective is to facilitate the smooth transition of the required information, operational processes and services from existing codes and agreements to the REC.
The REC brings together retail arrangements that are currently governed across at least seven industry codes and agreements*, many of which will be closing for operational matters from 1 September 2021.
We are working with existing code bodies and Ofgem on the transition, meeting regularly at both code manager and Board level, to discuss and resolve issues ensuring a common understanding and approach.
Our current focus is on:
- Agreeing arrangements for the management of inflight issues between codes. Examples of the inflight issues include market entry applications, metering audits and continued access to data services such as ECOES.
- Transferring relevant information and assets to RECCo so we can support the future operation of retail energy markets.
- Agreeing 14 contracts with service providers to meet our obligations under the REC. In some cases, contracts are being novated from existing code bodies.
The codes we are working with on transition for REC v2 are: Master Registration Agreement (MRA), Supply Point Administration Agreement (SPAA), Distribution Connection and Use of System Agreement (DCUSA), Smart Meter Installation Code of Practice (SMICoP), Meter Operator Code of Practice Agreement (MOCoPA), Automated Meter Reading Service Provider Code of Practice (ASPCoP), Green Deal Arrangements Agreement (GDAA) and the Balancing and Settlements Code (BSC).
Note that some theft arrangements, in particular the Energy Theft Tip-Off Service, already moved under REC governance from 1 April 2021.
The latest summary transition project plan, which is used by RECCo and other code bodies. >>