In-year CRS budget amendment
Summary
DCC has identified that the CRS budget for the current Financial Year (2024-2025) can be reduced, and as per the Code, a REC Change Proposal must be raised for the agreed budget to be amended.
Latest update and next planned activity
Date of latest update
Latest Update
21/01/25 - Change Panel approved final recommendation for immediate implementation.
Impacts Overview
Impacted REC Parties and Market Participants
DCC
Impacted REC Documents
REC Main Body
Impacted REC Services
Central Switching Service (CSS)
Priority and rationale
Priority last updated on 29 May 2026
Solution development
No documents available.
There is currently no Change Plan.
Original submission
Change details
- - -
27 Nov 2024
Change details
In-year CRS budget amendment
DCC has identified that the CRS budget for the current Financial Year (2024-2025) can be reduced, and as per the Code, a REC Change Proposal must be raised for the agreed budget to be amended.
This change will have a positive impact as it will result in a cost saving for industry.
No Code changes are required, however Clause 9.33 of the REC Main Body states:
Once the budget for Centralised Registration Service charges in a Financial Year has been agreed or determined under this Clause 9, it shall only be amended if such amendment is approved under the Change Management Schedule as if the amendment was an amendment to this Code.
Once the budget for Centralised Registration Service charges in a Financial Year has been agreed or determined under this Clause 9, it shall only be amended if such amendment is approved under the Change Management Schedule as if the amendment was an amendment to this Code.
Please see above.
Impacts
No details provided
Other (please provide details in Additional information box below)
The cost savings will impact the consumer as these costs are ultimately borne by them.
REC Main Body
As noted above, no changes are required however this change is required as a consequence of Clause 9.33.
No details provided
-
No details provided
-
No details provided
-
No details provided
-
Central Switching Service (CSS)
The cost efficiency impacts DCC as the Switching Operator.
DCC
DCC is the primarily impacted party, though it could be argued that the identified cost efficiency impacts all REC Parties due to the charging mechanism.
No details provided
-
-
No details provided
Priority & timing
Yes
Yes.
To ensure that the amendment to the budget is made within this Financial Year.
To ensure that the amendment to the budget is made within this Financial Year.
-
-
No details provided
Other (please provide details in the Additional information box below)
Activity
holly.law has been allocated as Lead Analyst.
holly.law has been allocated as Lead Analyst.