The Utilities Regulation and Competition Authority (URCA) is pleased to announce the release of its Draft Annual Plan for 2025, a comprehensive document that outlines the strategic initiatives, regulatory priorities, and budgetary framework for The Bahamas’ electronic communications, electricity, and natural gas sectors.

The Draft Annual Plan focuses on strengthening leadership, enhancing connectivity, promoting international collaboration, and addressing sector-specific priorities.

Key highlights include:                                                                                                                       

• Establishment of the Northern Bahamas Office to improve regulatory oversight in Grand Bahama, Abaco, Bimini, and the Berry Islands.
• Advancing 5G network deployment through a comprehensive regulatory framework in the electronic communications sector.
• Revising renewable energy frameworks and energy efficiency programs in the electricity sector to support the upcoming updated National Energy Policy (2025–2030).
• Foundational work in the newly regulated natural gas sector, including tariff guidelines and safety standards for gas service workers.

URCA remains committed to transparency and stakeholder engagement. The Draft Annual Plan invites feedback from licensees, government agencies, and members of the public. A stakeholder forum is scheduled for March 2025 to discuss the draft and gather input to shape the final plan.

Comments on the Draft Annual Plan must be submitted by 3 February 2025 and the final plan will be published by 30 April 2025.

The document can be found here: URCA 08/2024 – Draft URCA Annual Plan 2025