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RA Extend Market Review Consultation Deadline

RA Extend Market Review Consultation Deadline

The Regulatory Authority has extended the deadline for the Market Review Public Consultation untilMarch 29th. A spokesperson said, “Due to requests from sectoral providers and other interested parties, the consultation period for the Market Review of the Electronic Communications Sector Consultation Document issued on 15 February 2019 has now been... Read more of this article

RA: Consumer Protection And Market Review

RA: Consumer Protection And Market Review

The Regulatory Authority of Bermuda today [Feb 18] announced that “Bermuda’s electronic communications  and electricity sectors will soon be guided by two new sets of standards to further protect consumers, which are released for consultation.” “They are the Principles of Consumer Protection and Market Review,” a spokesperson... Read more of this article

Regulatory Authority Appoint Denton Williams

Regulatory Authority Appoint Denton Williams

Mr. Denton Williams has been appointed as the Regulatory Authority’s new Chief Executive. “After a rigorous recruitment process, the Commissioners of the Regulatory Authority of Bermuda are pleased to announce the appointment of Mr. Denton Williams as the Authority’s incoming Chief Executive,” the RA said. Mr. Williams — the former... Read more of this article

RA On Electricity Sector Service Standards

RA On Electricity Sector Service Standards

Bermuda’s electricity sector will soon be guided by Service Standards set by the Regulatory Authority, the RA announced today. A draft General Determination [GD] and Order for Service Standards is currently open for public consultation and the Authority invites interested parties to comment on the document by January 15th, 2019. Regulatory Authority... Read more of this article

Video: RA On Bermuda’s Future Electricity Plan

Video: RA On Bermuda’s Future Electricity Plan

The Regulatory Authority of Bermuda has published an informational video to explain Bermuda’s IRP – Integrated Resource Plan that will be the “framework for the long-term vision for electricity generation in Bermuda.” The Authority’s Senior Legal Advisor, Monique Lister said, “The IRP is being developed by the Regulatory... Read more of this article

RA: ‘BELCO Instructed To Initiate Rate Review’

RA: ‘BELCO Instructed To Initiate Rate Review’

[Updated] BELCO has been instructed by the Regulatory Authority to “initiate a rate review, which will assess all costs associated with producing and distributing electricity,” the RA said today. An RA spokesperson said, “This will result in an updated rate per kilowatt hour [kWh], that is, the rate on a BELCO bill that is shown... Read more of this article

Electricity Feed-In Tariff Review Now In Progress

Electricity Feed-In Tariff Review Now In Progress

The Regulatory Authority of Bermuda has started the Feed-In Tariff [FIT] review process today that will result in a FIT being set in 2019. “This follows the issuance of the General Determination [GD] for the Feed-In Tariff Methodology, which can be seen on the Authority’s website,” the RA said. “A FIT is paid to households and businesses... Read more of this article

Have Feedback On Bermuda’s Electricity Plan?

Have Feedback On Bermuda’s Electricity Plan?

If you would like to submit feedback on Bermuda’s long-term electricity plan, there is now extra time to do so, as the closing date for comments has been extended to November 30th. An RA spokesperson said, “The public and electricity sector stakeholders have been granted extra time to submit comments on Bermuda’s long-term electricity plan, known... Read more of this article

RA: Consultation On Electricity Plan Continues

RA: Consultation On Electricity Plan Continues

The development of Bermuda’s Electricity Plan, the Integrated Resource Plan [IRP], has entered the next phase and alternative generation proposals are now published for public consultation, the Regulatory Authority said today. “The IRP will forecast Bermuda’s future electricity demand and identify generation technologies to include in Bermuda’s... Read more of this article

RA: Electricity Tariffs Open To Consultation

RA: Electricity Tariffs Open To Consultation

The Regulatory Authority said that “in its assessment of electricity rates is proposing a change in the way rates are calculated and has today released a Retail Tariff Methodology Consultation document.” “The Authority proposes to introduce cost-efficiency incentives alongside the traditional rate-of-return model, to promote affordable... Read more of this article

Public Being Consulted On Electricity Standards

Public Being Consulted On Electricity Standards

The public is being asked for input on what will soon become the service standards for BELCO and other licensed electricity providers. The Regulatory Authority’s Interim CE, Aaron Smith, said, “The Authority is primarily concerned with ensuring that consumers receive safe and reliable services at just and reasonable rates. “The Authority... Read more of this article

BELCO ‘Extremely Pleased’ By RA’s Order

BELCO ‘Extremely Pleased’ By RA’s Order

BELCO said they are “extremely pleased” with the publication of the Regulatory Authority’s Order as they can now compensate distributed generation customers “after a lengthy impasse during which BELCO was legally unable to compensate certain distributed generation customers.” “Once signed contracts are in place with... Read more of this article

BELCO Ordered To Pay Distributed Generators

BELCO Ordered To Pay Distributed Generators

[Updated] BELCO has been ordered by the Regulatory Authority of Bermuda [the Authority] to pay all distributed generators for the electricity they feed-in to the BELCO grid according to RA officials. A spokesperson said, “Until now, some consumers who feed-in their excess power from distributed generation to BELCO’s grid have not yet been paid.... Read more of this article