Other News

BAKERS BAY UTILITY LIMITED PROPOSED TARIFF AMENDMENT (ES 02/2023)

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,…

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Notice: Final Deadline for Draft Annual Plan 2023

URCA has extended the courtesy of a 5 p.m. March 10 deadline extension for submission of responses to its 2023 Draft Annual Plan for those stakeholders requiring extra time to complete responses. Please note that this extension will be the final deadline for responses to the 2023 Draft Annual Plan.

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URCA Draft Annual Plan 2023 (URCA/2023)

The Utilities Regulation and Competition Authority (“URCA”) is pleased to publish its Draft Annual Plan and Budget for 2023 (URCA/2023). This document outlines: A brief review of URCA’s achievements in 2022; URCA’s focus areas and key priorities for 2023; URCA’s key projects for 2023, including its planned consultation schedule for the year; A series of the key performance indicators which URCA shall use to measure its performance during the year; and URCA’s budget for the upcoming financial year. The Draft Annual Plan can be found here. URCA invites and welcomes comments and submissions from members of the public, licensees and…

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