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, and
- To set the non-fuel / tariff rate at $0.3686 per kWh in accordance with the Tariff Review Framework, Guidelines and Procedures for Public Electricity Suppliers document issued by URCA on July 1, 2021.
This Consultation Document presents URCA’s analysis of BBUC’s tariff amendment proposal in accordance with the principles, methodologies and procedures outlined in URCA’s tariff regulatory framework (ES 07/2021)[1] and to elicit input from all stakeholders.
URCA invites comments on this document from all interested parties. Responses to this document should be submitted to URCA by 5:00 p.m. on 14 April 2023. Written responses or comments on this document should be sent to URCA’s Chief Executive Officer, either:
- By hand, to URCA’s office at Frederick House, Frederick Street, Nassau;
- By mail to P.O. Box N-4860, Nassau, Bahamas;
- By fax, to (242) 393-0153; or
- By email, to info@urcabahamas.bs.
URCA reserves the right to make all responses available to the public by posting responses on its website at www.urcabahamas.bs. If a response is marked confidential, reasons should be given to facilitate evaluation by URCA of the request for confidentiality. URCA may publish or refrain from publishing any document or submission, at its sole discretion.
URCA will review all responses and comments received from this consultation document before publishing its Statement of Results and the Final Decision.
The full consultation document can be found here.
[1] See Guidelines and Procedure at https://urcabahamas.bs/wp-content/uploads/2021/07/Tariff-Review-Framework-Guidelines-and-Procedures-for-Public-Electricity-Suppliers-ES-07-2021.pdf
Media Contact:
Juan McCartney
Corporate and Consumer Relations Manager
Corporate and Consumer Relations Department
Utilities Regulation & Competition Authority
Telephone: (242) 396-5242
Email: info@urcabahamas.bs
