Retail Energy Code definition

Retail Energy Code the retail energy code administered by the Retail Energy Code Company Ltd;

Retail Energy Code means the retail energy code referred to in the DCC Licence.

Retail Energy Code or “REC” means the agreement of that name which sets out (among other things) the procedure for a supplier to Register a Supply Point;

Examples of Retail Energy Code in a sentence

• The following clauses of the main body of the Retail Energy Code shall apply on an Equivalent Basis: (a) clauses 26.3 and 26.4 (Entire Agreement); clause 26.5 (Severability); clause 26.6 (Waivers); clause 26.9 (Audit and Records); clause 26.10 (Counterparts), and clauses 26.14 and 26.15 (Anti-Bribery).

• The provisions of clauses 24 (Contract Managers and Party Details) and 25 (Notices) of the main body of the Retail Energy Code shall apply on an Equivalent Basis (for which purpose, the User's initial Party Details shall be those details it provided as part of its application to become a REC Service User).

• In relation to any dispute or claim arising out of or in connection with this Access Agreement (including in respect of non-contractual claims), each of the User and RECCo irrevocably submits to the exclusive jurisdiction of the relevant person, panel, court or other tribunal specified in the Retail Energy Code from time to time.

• Anything done by the Licensee in a particular manner that is expressly required or permitted to be so done under or by virtue of any provision of the Principal Energy Legislation, this Licence, the Retail Energy Code or the Smart Energy Code will not constitute undue preference or undue discrimination (as the case may be) for the purposes of this condition.

• In particular, the Licensee must not make charges for providing Mandatory Business Services under or pursuant to the Smart Energy Code or Retail Energy Code to any person or class or description of persons that differ from the charges made for such provision to any other person or class or description of persons, except insofar as such differences reasonably reflect differences in the costs associated with such provision.

More Definitions of Retail Energy Code

Retail Energy Code means the regulatory code established under the gas and electricity supply licences, which will bring together a range of processes, including those relating to installing Smart Metering Systems currently set out under the Code;

Retail Energy Code means the code of that name maintained pursuant to the electricity supply licences granted pursuant to the Electricity Act 1989 and the gas supply licences granted pursuant to the Gas Act 1986, as such code is modified from time to time in accordance with its provisions.

Retail Energy Code means the code of that name maintained pursuant to the electricity supply licences granted under the Electricity Act 1989 and the gas supply licences granted under the Gas Act 1986, as such code is modified from time to time in accordance with its provisions;

Retail Energy Code means the Retail Energy Code designated by the Authority

Retail Energy Code has the meaning given in the DCC Licence.

Retail Energy Code means a set of obligations governing the practices of energy suppliers operating in the energy retail market.

Retail Energy Code or “REC”: means the Retail Energy Code as set out in the gas and electricity supply licences.