URCA Draft Annual Plan 2024 (URCA/2024)
The Utilities Regulation and Competition Authority (‘URCA’), in compliance with Section 41 of the Utilities Regulation and Competition Authority Act, 2009 (‘URCA Act’), is pleased to present the Draft 2024 Annual Plan. This plan outlines URCA’s strategy for meeting the objectives of the Communications Act, 2009 (Comms Act) and the Electricity Act, 2015 (‘Electricity Act’).
Overall, URCA’s Draft 2024 Annual Plan provides a clear and comprehensive overview of the organization’s plans for the upcoming year. The plan is designed to support URCA’s ongoing
efforts to regulate and promote competition in the utilities sector in a manner that benefits
consumers and supports economic growth.
URCA invites comments and submissions from members of the public, licensees, and other
interested parties on the matters contained in this Draft Annual Plan. The Consultation will have two rounds of responses. The timeline and steps for responses are as follows:
• The deadline for the first round of submissions is 5:00 p.m. on 2 February 2024.
• URCA will publish the first round of responses on or before 1 March 2024.
• Comments on the published first round of responses are due no later than 5:00 p.m. on
15 March 2024.
• URCA will publish the final version of its Annual Plan by 30 April 2024.
Before the finalisation of the Annual Plan, URCA will hold at least one stakeholder forum during
the consultation period to present the Draft Annual Plan and allow key stakeholders (licensees,
government agencies, and civil society) to provide input. URCA has tentatively scheduled the
forum for 25 March 2024.
Respondents should address written submissions or comments on the Draft Annual Plan to
URCA’s Chief Executive Officer with the subject line “URCA Draft Annual Plan.” Submissions can
be made by:
• hand to URCA’s office at Frederick House, Frederick Street, Nassau;
• mail to PO Box N-4860, Nassau, Bahamas;
• fax to 242 393 0237; or
• email to info@urcabahamas.bs.
