Building a retail energy market fit for the future

UK
Joined February 2022
Hello Twitter! We are the Retail Energy Code Company, responsible for the strategic oversight of the Retail Energy Code (REC) in the UK and we will bring you the latest updates on the REC and REC Services. Follow us and stay up to date with insights, news and market intelligence.
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📬Be sure to be kept updated on Retail Energy Code (REC) matters and relevant industry news by subscribing to receive ‘Inside RECCo’, our monthly newsletter! #retailenergy #SubscribeToday #energy retailenergycode.co.uk/newsr…
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#Ofgem’s Switching Programme received a formal ‘Go’ decision at the porgramme Delivery Group on 30th June 2022. The official date for switching programme implementation remains on 18 July 2022. #fasterswitching #retailenergycode #RECCo retailenergycode.co.uk/switc…
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Today REC Change Proposal #R0035 was implemented into the #REC, setting out how the scheme will be operated. The Project Steering Group confirmed readiness for #MSC operational go-live. A huge achievement for the team working closely with the REC Code Manager & Parties & #Ofgem.
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#marketstabilisationcharge - #RECCo is responsible for working with the industry to develop REC Change Proposal R0035, which sets out how the administration of the charge will operate. We're pleased to report that the Authority has approved this 27th Jun. retailenergycode.co.uk/the-a…
We are pleased to announce that the Authority has approved #REC Change Proposal ‘R0041: REC V3.0’ June 17th. This will implement the governance for the new switching arrangements, including introducing the Central Switching Service under the REC July 18th. ow.ly/KBOh50JCoUi
The Switching Programme is an #Ofgem led programme that aims to improve consumers’ experience of switching energy suppliers, leading to greater engagement in the retail energy market. For this to happen, a new, faster, and more reliable switching process has been designed. #RECCo
#RECCo is preparing for the go-live of the #CentralSwitching Service this summer. Stay updated with our progress via our website or newsletter. retailenergycode.co.uk/faste…
Our Programme of Work for 2022-2023 and beyond is focused on driving improvements to our services following Retail Code Consolidation on 1st September 2021 and continuing to provide strategic oversight of the REC. #retailenergy #RECCo #forwardplan
The new Retail Energy Code, and our company, came from the realisation that Governance in the #energy industry should be simpler, more agile, and more efficient. But also, that stakeholders could and should be better supported. Learn more about our journey retailenergycode.co.uk/our-c…
RECCo is the owner of one of the key governance & market operation arrangements (the Retail Energy Code ‘REC’) which enables the operation of a competitive energy retail market in the UK. Check our website for more details on our company and our journey! retailenergycode.co.uk/our-c…