NASSAU, THE BAHAMAS (1 DECEMBER 2022): On 25 May 2022, the Minister responsible for the Electronic Communications Sector (ECS) in The Bahamas issued the Communications Act (Amendment To Schedule 3) Order, 2022 (“the Order”). Pursuant to Paragraph 2 of the Order, URCA will be required to conduct a verification process to determine whether a Licensee has made an investment, of not less than One Hundred Thousand Dollars, in emerging technology anywhere in The Bahamas, in order to qualify for reductions in the Communications Licence Fee (“Comms Licence Fee”). URCA has responsibility to bill and collect the Comms Licence Fee on behalf…
NASSAU, THE BAHAMAS (31 OCTOBER 2022): As the regulator for country’s electricity, The Utilities Regulation and Competition Authority (“URCA”) has a responsibility to ensure the provision of safe, least cost, reliable and environmentally sustainable electricity throughout The Bahamas. As reliability of supply is one of the primary responsibilities of both Public Electricity Suppliers (PES) and Authorized Public Electricity Suppliers (APES) in the country, URCA is seeking to clarify existing regulations to ensure that it clearly identifies what is a ‘Major Outage’ for reporting purposes. URCA is cognizant that in The Bahamas small independent electricity supply networks are susceptible to disruptions; however,…
NASSAU, THE BAHAMAS (11 OCTOBER 2022): As the electricity sector’s regulator, The Utilities Regulation and Competition Authority (“URCA”) has commenced an active review of Bahamas Power and Light Company Ltd. (BPL) proposed fuel charge increase to be reflected on customer’s November 2022 electricity bills. URCA advises the public that, in accordance with is regulatory mandate, it will present its findings to the public at the conclusion of this review. ### Media Contact:Arnette IngrahamCorporate and Consumer Relations ManagerUtilities Regulation & Competition AuthorityTelephone: (242) 396-5242Email: aingraham@urcabahamas.bs
