ES 03/2017 Regulatory Fees for the Electricity Sector in The Bahamas

The Utilities Regulation and Competition Authority (“URCA”) was appointed under the Electricity Act, 2015 (“EA”) as the independent regulator for the Electricity Sector (“ES”) in The Bahamas. URCA is responsible for licensing persons who generate, transmit, distribute or supply electricity within, into, from or through The Bahamas. URCA’s powers and functions are set out in the EA, which includes the power to issue regulatory and other measures to regulate the sector. URCA shall determine and assess fees on licensed entities as necessary to cover the costs allocable to the regulation of the ES. This document explains URCA’s methodology for setting fees and states what fees will be for 2017.