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Retail Energy Code Company - RECCo
United Kingdom
Приєднався 12 кві 2022
Building a retail energy market fit for the future.
We’re an independent, not-for-profit organisation, originally established by OFGEM to implement and manage the new Retail Energy Code. This followed a review of energy Governance and the experiences of industry participants and importantly, consumers.
Big challenges lie ahead for the retail energy sector, and it is our intention to tackle them, solve them, and keep supporting all the stakeholders in our industry so they can operate successfully and deliver a great service to customers.
Our objective is to simplify Governance and bring innovation and efficiency to the retail energy market, improving the experience of industry stakeholders and outcomes for customers.
We do it through an ambitious and comprehensive set of workstreams and programmes, ranging from urgent and current improvements to strategies for handling the big challenges of the future such as the transition to net zero.
We’re an independent, not-for-profit organisation, originally established by OFGEM to implement and manage the new Retail Energy Code. This followed a review of energy Governance and the experiences of industry participants and importantly, consumers.
Big challenges lie ahead for the retail energy sector, and it is our intention to tackle them, solve them, and keep supporting all the stakeholders in our industry so they can operate successfully and deliver a great service to customers.
Our objective is to simplify Governance and bring innovation and efficiency to the retail energy market, improving the experience of industry stakeholders and outcomes for customers.
We do it through an ambitious and comprehensive set of workstreams and programmes, ranging from urgent and current improvements to strategies for handling the big challenges of the future such as the transition to net zero.
Shaping Our 2025-28 Strategy & Forward Work Plan
A recording of our webinar held on 7th November 2024. The 90-minute session covers:
- Our strategy development process and the journey ahead.
- Our decision to separate the Strategy and Forward Work Plan into two distinct documents. RECCo’s Strategy will outline our medium-term focus in light of developments on the horizon for the retail energy market, while the Forward Work Plan, which includes financial projections, will be updated annually to reflect evolving priorities and market needs.
- Our strategic aims and the key workstreams we’ll be focusing on in the short, medium, and longer term.
- Our strategy development process and the journey ahead.
- Our decision to separate the Strategy and Forward Work Plan into two distinct documents. RECCo’s Strategy will outline our medium-term focus in light of developments on the horizon for the retail energy market, while the Forward Work Plan, which includes financial projections, will be updated annually to reflect evolving priorities and market needs.
- Our strategic aims and the key workstreams we’ll be focusing on in the short, medium, and longer term.
Переглядів: 49
Відео
Countdown to Market-Wide Half-Hourly Settlement: Key Steps to REC Compliance
Переглядів 2164 місяці тому
This is a recording of our webinar held on the 18th of July, 2024.
Webinar: Update on our Third-Party Intermediary Code of Practice
Переглядів 978 місяців тому
On March 12th, we hosted a webinar with stakeholders to provide an update on our plans to introduce an accreditation and audit framework to the Third-Party Intermediary (TPI) Code of Practice that we published in October 2023. Subject to Ofgem accepting the necessary change proposal, this will make it mandatory for non-domestic suppliers only to use intermediaries adhering to the Code in the fu...
Webinar: Introducing our 2024-25 Budget
Переглядів 409 місяців тому
Our budget outlines RECCo’s financial projection for 2024-25 and estimates the costs for the two subsequent years. The budget for this year includes the funds necessary to improve the quality of our services, deliver our portfolio of programmes, enhance our internal resources, and fund the costs of the services we manage. We hosted a webinar on 28th February 2024 to present the budget.
Webinar: P1 Switching Incident Review
Переглядів 809 місяців тому
On 6th July 2023, a Major Switching Incident occurred within the Central Switching Service (CSS), which prevented successful energy supply switches and new registrations for gas and electricity. Whilst now resolved, the incident had a significant impact on multiple industry parties and end consumers. Following the incident, we conducted a full review alongside the REC Code Manager, which finish...
Webinar: Introducing our Strategy & Forward Work Plan 2024-27
Переглядів 10310 місяців тому
This is a recording of RECCo's Forward Work Plan 2024-27 webinar, which took place on January 23rd 2024. Learn about our vision and key priorities for 2024-27, including how we plan to improve the retail energy market, promote innovation, and deliver positive consumer outcomes.
Pre-payment Meter Levelisation Update
Переглядів 8511 місяців тому
This is a recording of our webinar, which took place on the 30th of November, 2023. The webinar confirms when the new levelisation system will be implemented, how the scheme will operate, the changes being made to REC legal text, the latest data reporting requirements, and answers key questions from our stakeholders.
Our Data and Digitalisation Vision
Переглядів 115Рік тому
This video provides an overview of our data and digitalisation strategy.
Introducing new Change of Tenancy rules to the non-domestic energy market
Переглядів 176Рік тому
Watch a recording of our webinar from the 24th of October 2023. To submit feedback to the questions asked, please go to this form: orsnoq1e00j.typeform.com/to/KJa4w3IR
Industry action to support vulnerable consumers
Переглядів 133Рік тому
Watch a recording of our webinar from the 17th of October 2023 - Industry action to support vulnerable consumers.
Introducing our data and digitalisation strategy
Переглядів 132Рік тому
Watch the recording of our webinar on 26th September 2023.
Learn about the changes being made to the Electricity Enquiry Service
Переглядів 101Рік тому
Changes to the Electricity Enquiry Service are required to support implementing the Market-Wide Half-Hourly Settlement (MHHS) programme. These changes will be made in 2025 as part of MHHS Go-Live and will impact all Electricity Enquiry Service Users. Join this session to learn: Why changes are required to the EES What changes are being made to the EES An overview of changes to the User Port...
RECCo Energy Theft Forum June 2023
Переглядів 36Рік тому
RECCo held a webinar on the 28th June 2023 which provided an update on our energy theft reduction strategy. In this webinar, we discuss: - Our theft reduction strategy - The Energy Theft Tip-Off Service (ETTOS) and Stay Energy Safe - Using Smart Meter data in theft detection - Police engagement - Improving data collection and reporting - Engagement with water companies - Third-party theft and d...
RECCo Strategy & Forward Work Plan Webinar 20230125 100507 Meeting Recording
Переглядів 214Рік тому
RECCo Strategy & Forward Work Plan Webinar 20230125 100507 Meeting Recording
Retail Energy Code Company - Meet the RECCo Board
Переглядів 3472 роки тому
Retail Energy Code Company - Meet the RECCo Board
RECCo - Metering CoP Consolidation Introductory Live Session
Переглядів 722 роки тому
RECCo - Metering CoP Consolidation Introductory Live Session
RECCo - Market Stabilisation Charge - Project Explained
Переглядів 2202 роки тому
RECCo - Market Stabilisation Charge - Project Explained
RECCo - Metering Code of Practice Consolidation Project explained
Переглядів 2342 роки тому
RECCo - Metering Code of Practice Consolidation Project explained
RECCo - The Market-wide Half-Hourly Settlement Programme - Project explained
Переглядів 8242 роки тому
RECCo - The Market-wide Half-Hourly Settlement Programme - Project explained