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RA Proposes Automatic Compensation

RA Proposes Automatic Compensation

The Regulatory Authority [RA] has re-opened the Preliminary Report for the Principles of Consumer Protection to include an automatic compensation proposal. A spokesperson said, “The Regulatory Authority has re-opened the Preliminary Report for the Principles of Consumer Protection to include the addition of a significant new proposal: automatic compensation... Read more of this article

BELCO ‘Welcome The New Rate Reduction’

BELCO ‘Welcome The New Rate Reduction’

[Updated] “Customers will see a modest reduction of overall rates following approval by the Bermuda Regulatory Authority,” BELCO said today. “The new rates were developed with extensive effort by BELCO and the RA to implement the retail tariff methodology issued by the RA in 2018. These new rates will be applied to all meter readings... Read more of this article

Minister Walter Roban On Electricity Tariff Cuts

Minister Walter Roban On Electricity Tariff Cuts

“We are pleased that the Regulatory Authority has today assisted in the delivery of one aspect of our agenda; driving down the cost of electricity via the slashing of Electricity Retail Tariffs,” Minister of Home Affairs Walter Roban said. The Minister’s comments follow after the Regulatory Authority of Bermuda announced that “effective... Read more of this article

Electricity Retail Tariffs Reduced For 2020

Electricity Retail Tariffs Reduced For 2020

The Regulatory Authority of Bermuda announced that “effective January 1, 2020, retail tariffs for Bermuda’s electricity sector will decrease across customer groups.” “The retail tariff is a component of a monthly BELCO bill that is reflected as a ‘Charge’. It is the rate at which electricity per kilowatt hour is sold to... Read more of this article

RA Electricity Review Open To Consultation

RA Electricity Review Open To Consultation

The Regulatory Authority of Bermuda [RA] issued a consultation today [Oct 29] to receive feedback from the public on its “Review of the Electricity Sector” in Bermuda. A spokesperson said, “Based on the Regulatory Authority Act 2011, the RA is mandated to periodically conduct a comprehensive review of the electricity sector to identify ways... Read more of this article

RA: Timetable To Accept New ICOL Applications

RA: Timetable To Accept New ICOL Applications

The Regulatory Authority of Bermuda [RA] has announced that the window for interested parties to submit their application for a licence to provide electronic communication [EC] services in Bermuda will take place from January 27, 2020 to February 28, 2020. A spokesperson said, “Based on its analysis and feedback from public consultation, the RA... Read more of this article

Bermuda’s IRP Featured On International Stage

Bermuda’s IRP Featured On International Stage

Bermuda’s first Integrated Resource Plan [IRP] received accolades on an international stage recently at the 11th Annual Caribbean Renewable Energy Forum [CREF]. CREF brings together stakeholders from across the Caribbean region to discuss new initiatives and address common energy challenges. Monique Lister, the Director of Legal Services at the Regulatory... Read more of this article

Column: Proposed $1M RA Budget Increase

Column: Proposed $1M RA Budget Increase

[Opinion column written by OBA Senator Dwayne Robinson] The cost of living in Bermuda remains a constant issue for Bermudians and the increase in fees and taxes imposed by the PLP have not made matters any easier. Now we are seeing a proposed budget increase by an independent authority whose fees directly affect the cost of electricity, internet, and... Read more of this article

RA: New Renewable Energy Feed-In-Tariff Rate

RA: New Renewable Energy Feed-In-Tariff Rate

The Regulatory Authority today [Oct 4] announced that after “conducting a thorough and complete solar PV analysis to establish a new Feed-in-Tariff [FIT] for Bermuda’s solar PV distributed generators [Gs], the FIT has been revised from 0.1736 [$/kWh] to $0.2265 per kilowatt hour [kWh], and will take effect on October 7, 2019.” The RA said,... Read more of this article

RA Release 2020–2021 Work Plan & Budget

RA Release 2020–2021 Work Plan & Budget

The Regulatory Authority released its 2020 – 2021 Work Plan and Budget for public consultation. A spokesperson said, “The Work Plan and Budget details the major activities that the RA intends to carry out during the upcoming fiscal year 2020-21. Members of the public encouraged to visit the www.ra.bm, and select Public Consultations to review... Read more of this article

RA Invites Feedback On Preliminary Report

RA Invites Feedback On Preliminary Report

The Regulatory Authority has conducted the analysis of its proposed Principles of Consumer Protection and invites the public to provide feedback on the Preliminary Report prior to making a final determination. A spokesperson said, “The Principles of Consumer Protection is designed to protect consumers’ interests, promote the delivery of high-quality... Read more of this article

Feedback Sought On Electronic Communications

Feedback Sought On Electronic Communications

The Regulatory Authority of Bermuda said they have “published the Preliminary Report of the Market Review of the electronic communications sector and would like the public to further provide their feedback prior to making their general determination.” A spokesperson said, “The Market Review is specifically focused on reviewing providers... Read more of this article

“High Levels Of Renewable Energy Resources”

“High Levels Of Renewable Energy Resources”

The Regulatory Authority launched Bermuda’s Integrated Resource Plan which will use “high levels of renewable energy resources,” with the RA saying the plan includes adding utility-scale solar photovoltaic and wind power via an offshore wind farm. A spokesperson said, “The Regulatory Authority, today announced the launch of Bermuda’s... Read more of this article