ElectraLink has been appointed as the Theft Risk Assessment Service (TRAS) Project and Procurement Manager for Phase 3 of the project to procure a central service to assess the risk of theft of gas or electricity at consumer premises on behalf of UK energy suppliers.
Theft of gas or electricity increases the costs to suppliers, which will then factor through to consumers via their tariffs, and can have serious safety consequences. It also leads to a misallocation of costs among suppliers, which can distort competition and hamper the efficient functioning of the market.
Under direction from Ofgem, new licence obligations on gas and electricity suppliers to detect, prevent and investigate theft came into effect on 7 January 2013 and 10 July 2014 respectively. The Authority has issued a Direction to suppliers to implement a central service to assess the risk of theft of gas or electricity at consumer premises and so help target theft investigations by February 2016.
ElectraLink will work collectively with suppliers, under the SPAA and DCUSA governance frameworks, to assess proposals from potential TRAS Providers and facilitate the execution of a contract with the selected provider to deliver this service.
ElectraLink is well placed to fulfil this role. We have been supporting the TRAS Working Group since its inception in November 2012 and have a detailed understanding of the SPAA and DCUSA governance processes in our role as Code Administrator. The work builds on ElectraLinks earlier successful involvement in the previous phases of this project which with the support of the Joint TRAS Working Group has progressed to both time and budget.
ElectraLink has a proven track record of managing technical service procurement, design, development, implementation, testing and operation of similar services as well as practiced use of well-established project management principles to reduce project risk.
For further information about the TRAS Project please send us an email at [email protected]