Market Entry and Exit

SLCs

Becoming a SEC Party

The SEC states that if you are a Supplier or a Network, you are required in most cases to become a Party to the SEC in order to fulfil your Ofgem Standard Licence Conditions (SLCs).

Steps

Here we outline the steps you need to take:

Identify your category: if you are a Supplier or a Network, you’re typically required to join the SEC to meet Ofgem Standard Licence Conditions (SLCs). Companies without Ofgem licences can join as Other SEC Parties. Both companies and individuals can join.
There are five SEC Party categories:

Large Suppliers
Small Suppliers
Electricity Networks
Gas Networks
Other SEC Parties

Once you have identified your category, or categories, you can begin the three-step accession application process.

Step 1

Fill out and submit an Accession Application Form to the SECAS Helpdesk. Include your contact information, organisation details (if applicable), and licence information.
Pay the Application fee of £540 and an optional £1 payment for a share in SECCo.
SECAS will email you an invoice with payment instructions.

Step 2

Receive the Accession Agreement from SECAS.
Sign the Accession Agreement without dating it.
Email the undated signed Accession Agreement back to the SECAS Helpdesk.

Step 3

A member of the Party Engagement team will keep you informed as your application progresses.
After the next SECCo Board meeting (usually following the monthly SEC Panel meeting), receive the countersigned Accession Agreement from SECAS.
If applicable, also receive the SECCo Share Certificate.
Obtain the Party Signifier and ID Allocation EUI-64 Compliant identifier range.

Please contact the SECAS Helpdesk with any questions.

The Party Engagement Team are here to support you every step of the way of your accession journey and as a SEC Party.