The Retail Energy Code (REC) will govern the new, faster and more reliable switching arrangements, as well as bringing together and updating the governance of existing gas and electricity retail arrangements as part of the Retail Code Consolidation (RCC) Significant Code Review (SCR). The bulk of the new governance arrangements will come into effect in September 2021, while the new switching arrangements will form a further release mid-2022.
In preparation for those new governance arrangements, there are a number of changes which we propose to make to the interim document, which would be given effect as a version 1.1 release. This will also facilitate the early transition of energy theft arrangements to the REC from April 2021.
We would like views from people with an interest in the REC, its delivery and operation. We particularly welcome responses from market participants, those representing consumers’ interests and other stakeholders.