Prepayment Credit Balance Transfer Process
Date of latest update
Type
Change
ID
R0037
Change Category
Other Industry Codes impacted
Priority
Urgent
No
Latest Update
04/08/2026 - On 04 August 2026, the REC Change Panel approved this Proposal Plan.
Summary
This Change Proposal seeks to develop an agile, efficient, Consumer-centric solution for the transfer of credit balance as part of a smart prepayment Switch.
Change Plan
Initial Analysis
Completed
Start:
10 Mar 2022Due:
30 Jun 2022Completion:
Present updated Change Proposal Plan to Change Panel
Completed
Start:
30 Jun 2022Due:
19 Jul 2022Completion:
Solution Development Complete
Completed
Start:
30 Jan 2023Due:
29 Feb 2024Completion:
29 Feb 2024Present Updated Change Proposal Plan to Change Panel
Completed
Start:
19 Jul 2022Due:
08 Nov 2022Completion:
Present Updated Plan to Change Panel
Completed
Start:
08 Nov 2022Due:
17 Jan 2023Completion:
17 Jan 2023Service Provider Impact Assessment
Completed
Start:
17 Jan 2023Due:
30 Jan 2023Completion:
30 Jan 2023Impacted Consumers
Impacted REC Documents
Impacted REC Services
Impacted REC Parties and Market Participants
Status
Implementation Status
Date Raised
Fuel
REC Decision Maker
Date of Update to Priority
Solution Development
Proposed Solution Document
Document title
R0037 - Draft Legal Text v1.0
Archive
Off
Document title
R0037 - Solution Document v2.0
Archive
Off
Stages Selection
SME
SME Role
Lead Technical Analyst
SME User
beth.brown@capgemini.com
SME Role
Lead Assurance Analyst
SME User
vaishnsharma@deloitte.co.uk
R0037 - CP Form (Downloadable version)
R0037 Consolidated Party IA Responses PUBLIC v1.0
R0037 - Change Proposal Plan V6.0 (Approved) 05.03.24
R0037 - Initial Assessment Report v1.0 (Approved) 06.04.22
R0037 Consolidated RFI Responses PUBLIC v1.0
R0037 Change Report (Proposal Plan) Approved
Company Name
Utilita Energy Limited
Review status
Review required
Market Stabilisation Charge – Administration
Date of latest update
Type
Change
ID
R0035
Change Category
Priority
Urgent
Yes
Latest Update
_
Summary
_
Change Plan
Party Impact Assessment initiated
Completed
Start:
22 Feb 2022Due:
08 Apr 2022Completion:
08 Apr 2022Party Impact Assessment completed
Completed
Start:
08 Apr 2022Due:
29 Apr 2022Completion:
29 Apr 2022Preliminary Change Report issued
Completed
Start:
29 Apr 2022Due:
06 May 2022Completion:
06 May 2022Issued to Responsible Committee for review (ex-Committee)
Completed
Start:
06 May 2022Due:
10 May 2022Completion:
10 May 2022Consultation initiated
Completed
Start:
10 May 2022Due:
13 May 2022Completion:
13 May 2022Consultation completed
Completed
Start:
13 May 2022Due:
01 Jun 2022Completion:
01 Jun 2022Final Change Report issued
Completed
Start:
01 Jun 2022Due:
10 Jun 2022Completion:
10 Jun 2022Responsible Committee Decision (ex-Committee)
Completed
Start:
10 Jun 2022Due:
14 Jun 2022Completion:
14 Jun 2022Authority Determination
Completed
Start:
14 Jun 2022Due:
24 Jun 2022Completion:
27 Jun 2022Impacted Consumers
Impacted REC Documents
Impacted REC Parties and Market Participants
Status
Implementation Date
30 June 2022
Implementation Status
Date Raised
REC Decision Maker
Date of Update to Priority
Solution Development
Proposed solution summary
- As a Domestic Consumer, I want to be able to choose my Energy Supplier and a tariff from a range of competitive options, so that I can take advantage of cheaper deals as they become available.
- As the Authority, I want the necessary changes made to the Retail Energy Code to introduce the MSC obligations, so that the new MSC licence obligations on Energy Suppliers can be effectively discharged by RECCo.
- As RECCo, I want the Retail Energy Code to specify my obligations, governance and charging mechanisms, so that I can effectively discharge obligations imposed by the Authority through the Licence Condition modification.
- As a Domestic Supplier, I want to understand how RECCo will calculate my credits and liabilities and when they will send my invoices/credit notes, so that I can plan to review my invoices/credit notes prior to the receipt of monies owed or payments I make to RECCo or at an appropriate time for my organisation. As a Domestic Supplier, I want to understand how I could dispute an invoice which I do not believe is accurate, so that I am able to raise a dispute/challenge compliantly
Proposed Solution Document
Document title
Legal Text (tracked changes)
Archive
Off
Document title
EMAR Change Set
Archive
Off
Problem Statement
Following the publication of Ofgem’s decision on potential short-term interventions to address risks to consumers from market volatility, the Market Stabilisation Charge will be introduced via the modified Standard Licence Condition 24A and introduced into the REC by Change Proposal R0034. A change is needed to the REC to set out the charging and payment mechanism, and to introduce the necessary governance arrangements to allow these MSC payments to be administered by RECCo.
Stages Selection
SME
SME Role
Lead Technical Analyst
SME User
beth.brown@capgemini.com
R0035 - CP Form (Downloadable version)
Ofgem Decision document - Short Term Interventions
MSC calculation guidance
Gas SLC Modified Decision Notice
Elec SLC Modified Decision Notice
R0035 - High level Solution Overview v1.0
R0035 - Change Proposal Plan v2.0 (Approved)
R0035 - Initial Assessment Report v2.0 (Approved)
R0035 - Consolidated IA responses v1.0
R0035 - Proposed Solution v2.0
R0035 - Preliminary Change Report v2.0 (Approved)
R0035 - Consolidated consultation responses v1.0
R0035 - Final Change Report v2.0 (Post-Vote)
Authority Decision for R0035
Company Name
RECCo
Review status
Review required
Market Stabilisation Charge
Date of latest update
Type
Change
ID
R0034
Change Category
Priority
Urgent
Yes
Latest Update
_
Summary
_
Change Plan
Preliminary Change Report issued
Completed
Start:
21 Feb 2022Due:
04 Mar 2022Completion:
04 Mar 2022Consultation issued (5 WD)
Completed
Start:
04 Mar 2022Due:
04 Mar 2022Completion:
04 Mar 2022Final Change Report issued
Completed
Start:
04 Mar 2022Due:
18 Mar 2022Completion:
18 Mar 2022Responsible Committee decision (ex-Committee)
Completed
Start:
18 Mar 2022Due:
23 Mar 2022Completion:
23 Mar 2022Authority determination
Completed
Start:
23 Mar 2022Due:
08 Apr 2022Completion:
08 Apr 2022Impacted Consumers
Impacted REC Documents
Impacted REC Services
Impacted REC Parties and Market Participants
Status
Implementation Date
14 April 2022
| Included changes | Affected REC Items | |
|---|---|---|
| R0105 | Review of ONAGE SLAs |
|
Implementation Status
Date Raised
REC Decision Maker
Date of Update to Priority
Solution Development
Proposed solution summary
- As the Authority, I want the necessary changes made to the Retail Energy Code to introduce the MSC obligations, so that the new MSC licence obligations on Energy Suppliers can be effectively discharged by RECCo.
Proposed Solution Document
Document title
Legal Text
Archive
Off
Document title
EMAR Change Set
Archive
Off
Problem Statement
Following the publication of Ofgem’s decision on potential short-term interventions to address risks to consumers from market volatility, the Market Stabilisation Charge will be introduced via the modified Standard Licence Condition 24A. A change is needed to the REC to give effect to the Market Stabilisation Charge from 14 April 2022.
Stages Selection
Ofgem Decision Document - Short Term Interventions
R0034 - CP Form (Downloadable version)
R0034 - Change Proposal Plan v1.0 (Approved)
R0034 - Initial Assessment Report v1.0 (Approved)
R0034 - Preliminary Change Report v1.0 (Published for Consultation)
R0034 - Consolidated consultation responses v1.0
R0034 - Final Change Report v2.0 (Post-Vote)
Authority Decision for R0034 - Market Stabilisation Charge
Company Name
-
Review status
Review required