The Utilities Regulation and Competition Authority (“URCA”) issues this Statement of Results and Final Decision (SoR) further to its “Consultation on Bakers Bay Utility Limited Proposed Tariff Amendment” (ES 02/2023) (“the Consultation Document”), published on the 13 March 2023.
BBUC sought approval:

(a) To modify BBUC’s 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

(b) To set the non-fuel / tariff rate at $0.36 per kWh in accordance with the Tariff Review Framework, Guidelines and Procedures for Public Electricity Suppliers document issued by URCA on July 1, 2021.
The essence of BBUC’s application is that it proposes the disaggregation of the current unitary tariff rate into a fuel component and non-fuel component.

A copy of the full document may be downloaded below

ES 052023 Statement of Result and Final Determination – Bakers Bay Utility Ltd.