RECCo

RECCo - UK Energy Market Entry

What is RECCo?

The Retail Energy Code Company (RECCo) is a company established to take over the administration processes of the energy industry from MRASCo and SPAA following their closure in 2021. RECCo administers the Master Registration Agreement (MRA) and The Supply Point Administration Agreement (SPAA) . RECCo undertakes any development activities required under the scope of the MRA and SPAA and it oversees the MRA Entry Assessment (EA) process, which tests the capability of energy supplier systems and processes, together with the energy suppliers' competency of using them.


The only way in which it is possible for new energy suppliers to operate in the UK is through gaining the RECCo qualification. To do this the MRA Entry Process Board (MEPB) must be satisfied with the manner in which the proposed supplier intends to operate. Dyball Associates’ pre-accredited “off-the-shelf” supply businesses have satisfied these requirements and are poised for Ofgems licence application process and controlled market entry, providing a much quicker option to our customers.


Controlled Market Entry

RECCo also controls the Controlled Market Entry (CME) process, which all new energy suppliers must adhere to. Suppliers must submit and agree a CME plan with RECCo . Once agreed, weekly reports are submitted to show ongoing competences within a live market.


Once the CME criteria has been reached, a CME Exit Audit will be held, and - if approved - the supplier can being to operate without constraint within the UK electricity market.


Dyball Associates delivers full CME support as part of its pre-accredited “off-the-shelf” supply business, so not only will we work with you on agreeing CME numbers with RECCo, but we will submit your weekly reports and manage the exit audit on your behalf.


As well as achieving MEPB sign off, new energy suppliers must also achieve PAB sign off.  Please see our ​ ELEXON section​ for more information. 


If you are looking to start an energy supply company in the UK and become an electricity supplier, get in touch with us today to begin the process.

FAQs

  • What is MRA?

    The Master Registration Agreement (MRA) is designed to manage the industry processes and rules that exist between UK electricity suppliers and UK distribution companies, in order to enable registration transfer requests between electricity supply companies. All UK electricity suppliers must be party to the MRA; it governs the rules which must be followed in obtaining and retaining electricity customers.

  • What is Controlled Market Entry?

    Controlled Market Entry (CME) is the process to demonstrate an energy supplier’s ability to comply with their electricity and gas licence obligations.

Supporting our clients in the UK Electricity & Gas market with proper regulation.

Dyball Associates works in close connection with the regulatory and qualification boards, Elexon, MRASCo and Xoserve.


Supply Licences

Dyball Associates have completed over 35 successful energy supply licence applications. 



Xoserve are the central data service provider for the UK gas market, providing services to gas transporters, gas shippers but most importantly UK gas suppliers.
To gain UK energy market qualification, you must satisfy the ELEXON Performance Assurance Board. 


Project Nexus is the replacement of the existing UK Link System which is predominately used for gas supply settlement.

Ready to get started? Let’s talk.

Get in contact with a member of our team today, who can assist you in getting started, or answer any questions that you might have. 
Share by: