Knowledge Base Article
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Created
By galina sokolovskaia
On 29-Dec-2022 11:01
If a Supplier has entered administration or has ceased to trade Ofgem may withdraw their Supply Licence and appoint a Supplier of Last Resort (SOLR) to ensure consumers are protected. The consumers...
Knowledge Base Article
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Created
By galina sokolovskaia
On 29-Dec-2022 10:58
A Sandbox trial enables organisations to trial new products, services or business models without being subject to the usual rules that might apply under the Retail Energy Code (REC). Sandbox trials...
Knowledge Base Article
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Created
By galina sokolovskaia
On 30-Dec-2022 12:13
REC Performance Assurance aims to measure and improve market performance. The Performance Assurance Board (PAB) oversees a risk-based Performance Assurance Framework (PAF) to do so. The PAF is made...
Knowledge Base Article
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Created
By galina sokolovskaia
On 29-Dec-2022 11:06
A Contract Manager is an individual associated to a REC Party who has specific responsibilities defined within the Retail Energy Code. Every REC Party is required to assign at least one Contract...