URCA accordingly invites proposals from suitably qualified persons to provide consultancy services in relation to URCA’s ‘Competition Guidelines’ project. In particular, the project entails the development of a converged Competition Guidelines of URCA’s existing Competition Guidelines for the Electronic Communication Sector and the development of sector specific inclusions for the Energy Sector (“the Guidelines”). A copy of the full RFP can be found HERE
On 24th Match 2023, the Utilities Regulation and Competition Authority (“URCA”) received a request for clarification in relation to its Request for Proposal (“RFP”) tender exercise regarding Consultancy Services to the Competition Guidelines in the Electronic Communications and Energy Sector (URCA 02/2023) A copy of the full clarification to the RFP may be downloaded below: Clarification to URCA’s Request for Proposals regarding Competition Guidelines in the Electronic and Energy Sector Note 2 on Clarification to URCA’s Request for Proposals regarding Competition Guidelines in the Electronic and Energy Sector (URCA 02/2023) Response letter inquiry RFP Competition Guidelines - 18 April 2023…
Baker’s Bay Utility Ltd. (“BBUC”) is a Public Electricity Supplier (PES) with an Authorized Public Electricity Suppliers License (APESL) issued by the Utilities Regulation and Competition Authority (URCA) on 21 December 2020. BBUC has made an application to URCA to amend its existing tariff pursuant to the relevant sections of the EA, its APESL, and the regulatory guidelines. On 7 February 2023 BBUC submitted a proposal to URCA requesting the following: To modify its electrical rate structure by splitting the electrical rate and method of billing into two parts, including a pass-through fuel rate and a non-fuel / tariff rate,…
The Utilities Regulation and Competition Authority (“URCA”), as the electricity sector regulator, considers the development of a regulatory frameworks governing the sector to be paramount to meeting its statutory obligations as defined in both the Electricity Act, 2015 (EA) and the URCA Act, 2009. Through both Acts, URCA is empowered to impose a regulatory penalty or fine on a licensee who breaches a provision of the EA, a license condition, regulatory and or other measures. The imposition of financial penalties for breaches is also a means to effectively ensure compliance with sector regulations and established standards. URCA undertook the consultation…
