The Board of the Utilities Regulation and Competition Authority (URCA), announced today the resignation of Mrs. Kathleen Riviere-Smith as Chief Executive Officer effective August 31, 2016. Mrs. Riviere-Smith’s resignation follows 16 years of service, 9 of which were with URCA’s predecessor, the Public Utilities Commission, PUC. Riviere –Smith joined the PUC as Financial Analyst and worked her way through the ranks as Senior Case Officer, Director of Policy and Regulation and finally as CEO of URCA. The Board wishes to publicly thank Mrs. Riviere-Smith for her years of dedication, commitment and leadership and wishes her well in her future endeavours.…
The Utilities Regulation and Competition Authority (URCA), is pleased to announce that today, it issued the first Public Electricity Supplier Licence. The licence, granted to Bahamas Power and Light Company (BPL), authorizes the company to engage in the generation, transmission, distribution and supply (GTDS) of electricity in The Bahamas. On January 28, 2016 the Electricity Act (EA) along with a compendium of related legislation, came into effect thereby establishing the Utilities Regulation and Competition Authority (URCA) as the regulator for the Electricity Sector in The Bahamas. As regulator, URCA is authorized to grant a licence with terms and conditions consistent…
On 26 May 2016, URCA published for consultation its “Preliminary Determination on Proposed Revision of the Retail Pricing Rules for Price Regulated Services Not Subject to Price Cap Regulation (Non Price Capped Services)” (ECS 16/2016). In this Preliminary Determination, URCA presents for consultation its proposed amendments of the “Regulation of Retail Prices for SMP Operators – Rules” (ECS 06/2014), also known as the Retail Pricing Rules or the Rules. At the close of the initial response period (i.e., 8 July 2016) URCA received written comments from Bahamas Telecommunications Company Ltd. (BTC), Cable Bahamas Limited (CBL), and NewCo2015 Limited (NewCo). Interested…
Final Determination and Order on Provision of National Roaming Services on Cellular Mobile Networks of the Bahamas Telecommunications Company Ltd. (BTC) in The Bahamas to NewCo2015 Limited for an Interim Period The Utilities Regulation and Competition Authority (URCA) has today published its Final Determination and Order on the introduction of national roaming in support of competition in the cellular mobile communications sector. The formal consultation was launched on 30 March 2016 with the publication of the Preliminary Determination and Draft Order and officially closed 24 June 2016. The goal of the consultation was to consider whether Bahamas Telecommunications Company Ltd.…
