This Modification was implemented on 29 November 2020 as part of the November 2020 SEC Release.
What is the issue?
Currently, the SEC requires the DCC to send two invoices to SEC Parties, one for its general Charges and a separate invoice for Communications Hub (CH) Finance Charges (CHFC). Providing two invoices every month for SEC parties and tracking payments has proven difficult.
The DCC frequently has to reconcile payments which have been made in error, either because they have been made in the wrong amount or to the wrong accounts. The DCC is currently in the process of arranging finance for the next phase of deliveries of CH, which will amplify the issues with the current system as volumes increase and multiple finance parties require payment. As DCC implements the next phase of financing of CH and the number of monthly financing payments increase, this system will become untenable.
The full issue can be found in the Modification Report can be found here.
The solution to the problem is a change to the drafting of SEC Sections J1.2 and J1.7 so that DCC is no longer obliged to bill Communications Hub Finance Charges under separate invoices.
This is the April 2024 SEC Modifications Working Group meeting, where we will be discussing: MP085B ‘Synchronisation of Smart Meter voltage measurement periods (meters currently installed)’ MP244 ‘Device Alerts
This is the April 2024 SEC Issues Group meeting, where we discussed: PPM continuity plan Please see the meeting summary here: SEC Issues Group Meeting Summary - April 2024 (CLEAR)
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