Public Consultations on Electricity System Operator Licence and Electricity Transmission and Distribution Licence

The Utilities Regulation and Competition Authority (URCA) has issued public consultations on

the newly developed licenses for the Electricity Sector.

As the sector has matured and with the passage of the Electricity Act, 2024, it has become

necessary to create various types of licenses.

In response, URCA has developed the Electricity System Operator Licence and the Electricity

Transmission and Distribution Licence.

The Electricity System Operator Licence aims to regulate the activities of system operators,

ensuring they meet the necessary standards for efficiency and reliability.

Similarly, the Electricity Transmission and Distribution Licence has been developed to ensure the

effective regulation of transmission and distribution activities within the electricity sector.

The primary objective of the National Energy Policy and electricity sector policy is to establish a

regime that ensures the provision of sustainable and affordable electricity.

A clear and transparent licensing system, which includes appropriate exemptions, is critical to

achieving this goal.

URCA emphasizes the importance of consulting with interested parties during the license

determination process to ensure that the regulatory framework is comprehensive and effective.

The objective of the consultation documents is to publish drafts of the licenses, provide context

concerning their issuance, and solicit feedback on their contents and potential improvements.

URCA invites comments and submissions on these consultation documents from members of

the public, licensees, and other stakeholders.

The consultation period is 30 calendar days, with the deadline for responses set for 2

September 2024.

For more information and to access the consultation documents, please visit URCA’s official

website at www.urcabahamas.bs.

You can also access the documents at ES 06/2024 – Public Consultation on Electricity System

Operator Licence and ES 07/2024 – Public Consultation on Electricity Transmission and

Distribution Licence.

Submissions can be sent via email to info@urcabahamas.bs.

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Media Contact:

Juan McCartney

Corporate and Consumer Relations Manager

Utilities Regulation and Competition Authority

jmccartney@urcabahamas.bs

1 (242) 396-5242