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ELEXON compares how much electricity generators and suppliers say they will produce or consume with actual volumes. We work out a price for the difference and transfer funds. This involves taking 1.25 million meter readings every day. It is a condition of holding a Generation or Supply License to sign up to the BSC. Therefore our customers, known as BSC Parties, cover the entire wholesale electricity sector in Great Britain and include suppliers, generators, distributors, traders, and energy importers and exporters. We administer the Balancing and Settlement Code (BSC) and provide and procure the services needed to implement it. Our expertise and impartiality give our customers the confidence that the BSC operates efficiently and accurately. for more information, visit https://www.elexon.co.uk/