URCA 01/2025 – URCA Publishes Statement of Results on Draft 2025 Annual Plan Following Stakeholder Consultation – The Utilities Regulation and Competition Authority (URCA)

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The Utilities Regulation and Competition Authority (URCA) issued its Draft Annual Plan 2025 (DAP

2025) for consultation on 20 December 2024. The document outlined URCA’s strategic priorities and

key projects for the regulation of the Electronic Communications Sector (ECS), the Electricity Sector

(ES), and the emerging Natural Gas Sector (NGS) for the calendar year 2025.

URCA received written submissions from the Bahamas Telecommunications Company Limited (BTC)

and a joint response from Cable Bahamas Limited and Be Aliv Limited (CBL Group). These responses

provided a comprehensive review of URCA’s planned initiatives and raised concerns about project

priorities, regulatory effectiveness, and budget allocation.

This Statement of Results (SoR) addresses stakeholders’ comments under the following sections:

• Strategic Outlook for 2025

• Key Priorities for 2025

• Key Performance Indicators for 2025

• Budget for Fiscal Year 2025

• Project-Specific Comments

• Next Steps

Full PDF’s can be found below: