About the Elexon Board
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We deliver the Balancing and Settlement Code (BSC); our services are critical to the successful operation of Great Britain’s electricity trading arrangements.
We handle almost £1.5 billion of our customers’ funds each year and interact with over 240 companies in the electricity industry. They, in turn, supply over 28 million customers.
As part of our role in ensuring that residential and business electricity settlement takes place, we are experts in procuring and managing contracts for the systems and processes we manage. We’ve implemented and developed one of Great Britain’s largest energy industry codes, and continue to handle its day-to-day governance. And we enforce performance standards, targets and other obligations so our customers have confidence that the BSC works efficiently and fairly.
Over the past 10 years, we’ve managed extensive industry change: developing and introducing the NETA arrangements and rolling out the BSC into the Scottish market in 2005 (BETTA). We regularly review and re-procure our large contracts (worth over £226 million altogether), and constantly update the BSC.
We are now perfectly placed to help the industry meet the challenges that it faces.
We are experts in:
- Commercial management and procurement
- Service and operations management
- Customer support
- Government support
- Change assessment and implementation
Please see our organisational chart for more information about us.