pre-payment levelisation Archives - Retail Energy Code Company

World Mental Health Day: Fostering mental wellbeing at work

The 10th October marks World Mental Health Day, a global initiative dedicated to raising awareness, promoting education, and advocating against mental health stigma. This year,

Reduction in MHHS charges to REC Parties from October 2024

In May 2024, we discussed our plans to enhance RECCo’s budget process and improve transparency for stakeholders. Our goal is to ensure that our stakeholders

2023-24 Budget underspend of £9.8m to be returned to funding parties in October 2024 rebate

The financial performance for 2023-24 marked a significant milestone, reflecting our first full year of delivering the complete suite of Retail Energy Code (REC) services.

Gas Enquiry Service (GES) migration planned for October

We’re back with another update on the Gas Enquiry Service (GES) platform migration following our August article. Here’s the latest on our progress towards implementing

Chris Anastasi to complete his final term as Chair of the REC Board in March 2025

The REC Board will soon begin the search for a new Chair as Chris Anastasi completes his second and final term in March 2025. After

RECCo on the Road: Come and share your views

It was great meeting so many of our stakeholders last year to gather feedback on the services we provide to the energy sector. We’re hitting

August 2024 Board Meeting Highlights

Development of the RECCo Strategy for the financial year 2025/26 and beyond Board Members were briefed on live Ofgem and Government consultations that may impact

Supporting our team: New family-friendly and bereavement leave policies

At RECCo, our people are at the heart of everything we do and the services we offer to our stakeholders in the retail energy market.

Share your voice: our Annual Stakeholder Satisfaction Survey is coming soon!

We’ll contact all stakeholders in early November to gather feedback on our REC Services. This will be our third Annual Satisfaction Survey, an essential tool

Event postponed – Come and speak with us: Countdown to Market-Wide Half-Hourly Settlement

Note: This event has been postponed The MHHS Programme has submitted Change Request CR-055, which proposes postponing the MHHS go-live date from March to August

Save the date: October roadshows

Thank you to everyone who participated in our recent poll to help us select the best locations for our October Roadshows. We’re excited to announce

Update on GES platform implementation and next steps

We want to provide you with the latest update on the implementation of a more efficient and robust platform for the Gas Enquiry Services (GES).

Help shape our 2025-28 Strategy and Forward Work Plan

We’re in the process of developing our Strategy and Forward Work Plan for 2025-2028, and we want your input! What’s new? This year, we’re taking

Get Involved: Test the New Market-Wide Half-Hourly Settlement EES API

The upcoming Market-Wide Half-Hourly Settlement (MHHS) programme introduces significant changes to the Electricity Enquiry Service (EES), and we need your help to ensure a seamless

Supporting Mental Health at RECCo: An interview with our new Mental Health First Aider

At RECCo, we believe mental health is as crucial as physical health. To underscore this commitment, Jenny Stephenson, our Marketing and Communications Manager, recently completed

We’re ready to bring consumer consent to the retail energy market

Ofgem has launched a new consultation on the development of an industry-wide consumer consent mechanism that will make it easier for consumers to consent to

Introducing our first Quarterly Report

We are pleased to present our first quarterly report, which provides a comprehensive update on our progress towards the four key priorities outlined in our

Response to, ‘DCC Review Phase 2: Governance and Centralised Registration Service’

We welcome the opportunity to respond to the consultation, ‘DCC Review Phase 2: Governance and Centralised Registration Service.’ Our non-confidential response represents the views of

Webinar round-up: Countdown to Market-Wide Half-Hourly Settlement

On July 18th, 2024, we hosted a webinar for all REC Parties to explain the significant changes that Market-Wide Half Hourly Settlement will bring to

Successful first payment cycle: Prepayment Levelisation achieved for 39.95 million energy meters

We are pleased to announce that the initial payment cycle for the Prepayment Levelisation scheme was a great success. Industry submitted their data within the

We procure and manage services that are key to the operation of the retail energy market. These currently include the REC Code Manager, Electricity Enquiry Service, Gas Enquiry Service, Green Deal Central Charge Database, Central Switching Service, and the Energy-Theft Tip-Off Service.

Our mission

Our work programmes focus on improving our services and driving positive change in the retail energy market.

Tag: pre-payment levelisation

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