On the 15th November 2018, the Panel submitted its response to the ’Switching Programme: Regulation and Governance – way forward and statutory consultation on licence modifications’ issued by Ofgem on 15th October 2018.

SEC Parties* can download the response below:

• SEC Panel response to the October 2018 Ofgem Switching Programme: Regulation and Governance - way forward and statutory consultation on licence modifications

(*Please note that you will need to be logged into the SEC website to open the response.)

The 23^rd September 2018 signals the end of the 24 month term for the following SEC Panel Members:

• One person elected by the Large Supplier Parties;
• One person elected by the Small Supplier Parties:
• One person elected by the Electricity Network Parties; and
• One person elected by the Other SEC Parties.

Below is the Elections Factsheet, which sets out the stages of the election process and the timescales involved, in addition to the Invitation for Nominations which contains a form to be completed and returned.

If you would like to nominate an individual, please fill in the attached form and return to the SECAS helpdesk (SECAS@gemserv.com) by Monday, 30th July 2018.

If you have any questions, please do not hesitate to contact the team.

• Invitation for Panel Member Nominations
• SEC Elections Factsheet

In accordance with SEC Section C2.3 (h) the SEC Panel have produced its End of Regulatory Year Report in respect of the operation of the Smart Energy Code.

This report covers the Regulatory Year which commenced on 1st April 2017 and ended on 31st March 2018, and includes activities that underpin the strategic aims of the Panel to manage the operation of the SEC, and support the Smart Metering Implementation Programme (SMIP) Transition phase and the Joint Industry Plan.

On the 14th March 2018, the Panel submitted its response to the Consultation on changes to the Smart Energy Code to permit DCC to develop and use a Production Proving Capability issued by BEIS on 14th February 2018.

SEC Parties* can download the response below:

• SEC Panel response to the Consultation on changes to the Smart Energy Code to permit DCC to develop and use a Production Proving Capability

(*Please note that you will need to be logged into the SEC website to open the response.)

In accordance with Section C8.11 – C8.13 of the SEC, in January of each year the Panel are required to set out a draft budget for the following three Regulatory Years commencing thereafter. Following consultation with Parties and Panel approval, the Draft Budget is published on the SEC Website to become the Approved Budget 15 Working Days thereafter and become effective on 1^st April of that Regulatory Year.

The Draft Budget for the Regulatory Years 2018 – 2021 was approved by the Panel on 9th February 2018, and can be found  below. The Draft Budget will remain as the Draft Budget until 8th March 2018, after which it will become the Approved Budget for 2018 – 2021, to become effective on 1st April 2018.

The SEC Panel’s response to the comments received by the organisations that responded to the Draft Budget consultation in January 2018 can also be found below.

SEC Panel Draft Budget 2018 – 2021

During January of each year the SEC Panel prepare and circulate to all Parties a Draft Budget for the next three Regulatory Years.

Over the last three months, the Panel Finance and Contracts sub-group (PFCG) and the SEC Panel have collaboratively prepared and refined the attached Draft Budget covering Regulatory Years 2018/21.

Following SEC Panel approval at their meeting on 8^th December 2017, the SEC Draft Budget 2018 – 2021 has now been published for consultation. The Draft Budget document and a letter inviting SEC Parties to comment can be found below.

How do I respond?

If you wish to respond to this consultation, please provide comments by 5:00pm on Wednesday, 31^st January 2018 to the SECAS Helpdesk (secas@gemserv.com). Please include Draft Budget Response as the subject line of your email.

Following the end of this consultation, the Panel will consider comments from Parties, and amend the Draft Budget in line with any comments, if required.