Author Archive

Press Release: Statement of Results and Final Decision (SoR) Cost Effectiveness Tariff Policy on RES

NASSAU, THE BAHAMAS (18 March 2022): The Utilities Regulation and Competition Authority (“URCA”) issued its Statement of Results and Final Decision (SoR) in response to its stakeholder Consultation on Proposed Policy Options on Cost-Effectiveness Tariff for Renewable Energy Self-Generation Projects (ES 11/2021) published in October 2021. The ‘Consultation Document’ sought feedback on URCA’s plan to complete a cost-based pricing study to ascertain the pricing policy options for Renewable Energy (RE) exchange to the BPL electricity network.  This allows the regulator to adequately assess fair pricing for the exchange of Renewable Energy (RE), particularly for the Renewable Energy Self Generation (RESG) framework…

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URCA 2021 Annual Report and 2022 Annual Plan Responses and Statement of Results & Final Decision

Today, URCA releases its Responses and Statement of Results & Final Decision following consultation on URCA's 2022 Draft Annual Plan. All documents can be found here or below BTC’s Response to URCA’s 2022 Draft Annual Plan CBL & ALIV’s Response to URCA’s 2022 Draft Annual Plan DSAL’s Response to URCA’s 2022 Draft Annual Plan URCA 02/2022 Draft Annual Plan 2022- Statement of Results & Final Decision (Coming 30 April 2022) URCA 03/2022 URCA’s 2021 Annual Report and 2022 Annual Plan Media Contact:Arnette IngrahamCorporate and Consumer Relations ManagerUtilities Regulation & Competition AuthorityTelephone: (242) 396-5242Email: aingraham@urcabahamas.bs

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Request for Proposal (RFP) Girls in ICT 2022

The Utilities Regulation Competition Authority (URCA), in collaboration with its major licensees, intends to host its annual Girls in ICT Day (GIICT) on Thursday 28 April 2022.  The international event both celebrates and recognizes females in Information Communication Technology and promotes the sector to young women. For more than a decade International Girls in ICT Day, an International Telecommunication Union (ITU) initiative, has been celebrated. To date, more than 170 countries have participated in GIICT Day with ITU Member States, Sector Members, Associates, Academia and other stakeholders all joining the global movement to engage an inspire girls to pursue careers…

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URCA Releases 2022 Fee Schedule

11 February 2022 The Utilities Regulation and Competition Authority (URCA) has today issued its Fee Schedule 2022. The new Fee Schedule includes fees payable in 2022 related to URCA’s regulation of both the Electronic Communication Sector (ECS) and Electricity Sector (ES). The Fee Schedule established the revised URCA fee for 2022, which is based on URCA’s draft Budget for 2022 published on 20 December 2021. Based on URCA’s Budget 2022 calculations, the ECS URCA Fee is set at 1.068% of the relevant turnover, while the ES URCA Fee is set at .4921% of relevant turnover. Publication of the fee schedule…

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