Authority decision on REC modification proposal R0147 - Prepayment Levelisation
Summary
Authority decision on REC modification R0147 concerning prepayment levelisation. Changes how costs are shared between prepayment and credit meter customers within the retail energy code framework.
Why it matters
Levelisation between payment methods affects the relative cost burden on prepayment customers, who are disproportionately low-income and vulnerable. Politically sensitive.
Areas affected
Related programmes
Memo
Authority decision on REC modification proposal R0147 - Prepayment Levelisation | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Authority decision on REC modification proposal R0147 - Prepayment Levelisation Publication type: Code modification Publication date: 23 February 2024 Topic: Energy pricing rules, Metering, Energy codes Subtopic: Energy price cap, Prepayment meters, Retail energy code (REC) Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn This is the Authority's decision to approve Retail Energy Code (REC) modification proposal R0147 'Prepayment Levelisation'. Main document Authority decision on REC modification proposal R0147 - Prepayment Levelisation [PDF, 199.51KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close