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Company number: 03892782

Reporting period:
1 July 2021 to 31 December 2021

Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 25 January 2022

and approved by Helen Mallett

Payment statistics

Average time taken to pay invoices: 39 days

Invoices paid:

Invoices due but not paid within agreed terms: 10 %

Payment terms

Shortest standard payment period

7 days

Longest standard payment period

90 days

Standard payment terms

RWE Generation UK plc shall pay the charges (excluding any disputed amounts) for trade suppliers within 60 days of receipt of an accurate and valid VAT invoice, unless otherwise agreed with trade suppliers. An accurate and valid invoice is one that has been approved for payment and entered into the payment system.

Were there any changes to the standard payment terms in the reporting period?


Maximum contractual payment period agreed

90 days

Any other information about payment terms


Dispute resolution process

Invoices that cannot be validated are queried out to the business. Vendors should contact the Shared Service Centre help desk in the first instance with any queries. A ticketing solution is used to monitor queries where the answer is not provided instantly.

In case of queries relating to payments, vendors contact our Shared Service Centre to register under our Business dispute resolution process.

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.


Does this business offer e-invoicing in relation to qualifying contracts? This is where suppliers can electronically submit and track invoices. It’s not just allowing suppliers to email them an invoice.


Does this business offer supply chain finance? This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.


Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?