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Published byMarjut Myllymäki Modified over 5 years ago
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Provision of Market Share Portfolio for REC CoMC 20th February 2019
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Retail Energy Code Market Share
The Retail Energy Code (REC) was designated in February 2019 Costs for administration of the REC will be recovered based on market share Retail Energy Code Company Ltd (RECCo) will issue invoices in Q1 2019 Following implementation of the Central Switching Service (CSS) [in 2021] Market Share for gas and electricity Registerable Metering Points will be provided to RECCo CDSP have a Supplier Market Share report that is provided to parties, including Ofgem CDSP will, on a transitional basis (until CSS implementation), provide the Supplier Market Share report for this purpose to Ofgem and, when appointed, to RECCo
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