URCA has published its Statement of Results and Final Decision on the Analysis of Return on Investment for Small Renewable Energy Systems, examining the financial performance of residential and commercial solar PV systems in The Bahamas. The study found that eight of the 11 systems assessed had a positive net present value over 20 years, with customers on average able to recover their investment within approximately 10 years.

Customers also saw electricity consumption billed by BPL fall by an average of 34 per cent after installing solar. The analysis found that returns depend heavily on installation cost and system performance, with customers receiving greater financial benefit from using the electricity they generate rather than exporting it to the grid. Proper system design, including panel orientation and minimising shading, can further improve returns.

URCA will use the findings to inform future regulatory work on distributed generation, net metering, renewable energy integration, tariff reviews and long-term electricity-sector planning.

The document can be found here: ES 29/2026 SoR and FD Analysis of Return on Investment for Small Renewable Energy Systems