Retail Energy Code definition

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;

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

Examples of Retail Energy Code in a sentence

• 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.

• With free entry into innovation, there must exist a cutoff zˆ such that the entrepreneurs with quality (ability) z = zˆ are indifferent between working as production workers or innovators: π(zˆ) = w.

• 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).

• References in this Licence to the Licensee’s exercise of functions under or by virtue of the Principal Energy Legislation, this Licence, the Retail Energy Code or the Smart Energy Code include the exercise of any powers, rights, or permissions conferred, as well as the performance of any requirements or duties imposed, on the Licensee.

• This Part C applies (subject to paragraph 11.9) in relation to every activity that the Licensee is required or permitted to undertake by virtue of any of the provisions of the Principal Energy Legislation, this Licence, the Retail Energy Code or the Smart Energy Code.

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 or “REC” means the agreement of that

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