As incumbent code managers for SPAA and DCUSA, today ElectraLink is issuing a summary of previously communicated arrangements for energy suppliers to meet their licence conditions for theft and update their activities around incentive schemes.
Theft Detection Incentive Schemes for suppliers acceded to SPAA and DCUSA ceased on 31 January 2021. There was a gap period of two months before the new schemes under the REC started on 1 April 2021. The scheme design transitioned across successfully ‘as is’.
The new scheme under the REC will run for 12 months from 1 April 2021 to 31 March 2022 and is expected to be replaced with a revised incentive scheme from 1 April 2022. ElectraLink sent targets to suppliers on 31 March 2021, and these targets are fixed for the duration of the scheme year.
From the start of the 2021/22 Scheme Year on 1 April 2021, participating suppliers are required to record ‘Confirmed Energy Thefts’, but only submit Confirmed Energy Thefts to RECCo via the REC Portal when this becomes available, being no later than 1 September 2021. RECCo will communicate how files can be uploaded to the portal in due course.
From 1 October 2021 onwards, the Scheme Administrator will produce and send an anonymous overall Indicative Scheme Summary Report which shows industry confirmed thefts to each Qualifying supplier and the REC PAB.
In cases of a Confirmed Energy Theft, energy suppliers must ensure appropriate remedial steps are taken to stop the theft and keep the public safe.
If any suppliers need guidance or additional resources to meet Theft Detection Incentive Scheme targets, ElectraLink’s National Revenue Protection Service (NRPS) can help suppliers identify suitable leads, investigate and replace meters to ensure suppliers meet licence and code obligations, and maximise returns within the incentive scheme arrangement.
Get in touch with the Revenue Protection team at [email protected] for more info.