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SPAA
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Regulation and policy
REC – The story so far
Version 2.0 of the Retail Energy Code (REC) went live on 1 September 2021. The latest version, which energy suppliers and providers of REC governed services must follow, builds on the initial transitional requirements of Version 1 by consolidating a number of existing market rules including the electricity and gas...
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Regulation and policy
Ofgem raises modifications ahead of RCC and new switching arrangements
The latest edition of our Faster Switching Service Report due to be issued this week includes the latest developments in Ofgem’s Switching Programme and the associated Retail Energy Code (REC). Launched in November 2019, the Retail Code Consolidation (RCC) Significant Code Review (SCR) set out Ofgem’s intention to amalgamate the...
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Regulation and policy
Faster Switching Programme gears up for re-commencing
Due to be issued this week, the sixth edition of our Faster Switching Service Report details the Switching Programme’s re-planning exercise as well as industry participants’ progress on data cleansing. The Switching Programme is facilitating the industry’s move towards new arrangements from March 2022, which should see domestic customers able...
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Regulation and policy
One in, one out: Code Consolidation SCR opens as TCR draws to a close
The number of Significant Code Reviews (SCRs) that Ofgem is progressing shows little sign of diminishing with the launch of the new Retail Code Consolidation SCR on 29 November. This came barely a week after Ofgem’s decision on its Targeted Charging Review (TCR) and, since this has not yet formally closed, it...
