PRESS RELEASE
27 February 2020
FOR IMMEDIATE RELEASE
ES 02/2020 Consultation on Public Electricity Supply Licensees Reporting Obligations Procedures and Guidelines
The Utilities Regulation and Competition Authority (URCA), today announced the opening of the consultation on Public Electricity Supply Licensees Reporting Obligations Procedures and Guidelines (the Procedures and Guidelines). The proposed Procedures and Guidelines are in keeping with URCA’s role, and mandate under the Electricity Act, 2015 (EA), to continuously monitor the operational performance and results of its regulated Licensees.
The purpose of this consultation document is to develop the framework and define the parameters which can be used by URCA to assess, monitor and evaluate the operational performance of the Public Electricity Suppliers (PES), towards achieving the overall energy sector policy goals and electricity sector policy and objectives.
URCA is issuing this consultation pursuant to section 38(1)(k) of the EA; Part C – Reporting Obligations, Condition 24 of the Public Electricity Suppliers Licence (PESL) and Condition 23 of the Authorized Public Electricity Suppliers Licence (APESL). The procedures and guidelines seek to establish the scope, format and the frequency in which specified licensees in the electricity sector are obligated to submit information requirements to URCA. The term “specified licensees” refers to holders of either a Public Electricity Supply License (PESL) or an Authorised Public Electricity Licence (APESL.). A full copy of the consultation document may be downloaded here
The consultative document does not constitute legal, commercial, or technical advice and is without prejudice to the legal position of URCA or its rights and duties to regulate the ES generally.
Members of the public are invited to submit their comments on the propose Procedures and Guidelines. The written submissions and comments must be received by URCA within thirty (30) calendar days from the publication of this Consultation Document, on or before 5:00 pm, 9 April 2020.
Written submissions and comments should be submitted to URCA either:
- by hand to the Chief Executive Officer, Utilities Regulation and Competition Authority, Frederick House, Frederick Street, Nassau, Bahamas; or
- by email to info@urcabahamas.bs; or
- by mail to P.O. Box N-4860, Nassau, Bahamas or
- by facsimile to (242) 393-0237.
URCA will publish all written responses on URCA’s website at WWW.urcabahamas.bs as soon as reasonably practicable after the close of the response date for this consultation.
MEDIA CONTACT
Mavis Johnson-Collie
Corporate and Consumer Relations Manager
Utilities Regulation & Competition Authority
Frederick House, Frederick Street
P.O. Box N-4860
Nassau, Bahamas