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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

Public Consultation For IRP Proposal Extended

Public Consultation For IRP Proposal Extended

The deadline for public consultation on the Integrated Resource Plan [IRP] Proposal for Bermuda’s future electricity needs has been extended until August 17th. An RA spokesperson said, “The Regulatory Authority of Bermuda has received approval from the Minister of Transport and Regulatory Affairs to extend the deadline for public consultation on... Read more of this article

RA: ‘Smart Meters In Bermuda Considered Safe’

RA: ‘Smart Meters In Bermuda Considered Safe’

The Regulatory Authority of Bermuda released the findings of its independent assessment of BELCO smart meters, saying that the “test results show that smart meters used in Bermuda are considered safe for general population.” “The Authority tested radio frequency [RF] radiation emissions against the standards for Maximum Permissible... Read more of this article

RA: Smart Meters “Meet FCC Safety Standards”

RA: Smart Meters “Meet FCC Safety Standards”

In light of recent public concern around the safety of ‘smart meters’, the Regulatory Authority of Bermuda is assuring the public that the meters deployed in Bermuda meet United States Federal Communications Commission [FCC] safety standards. ‘Smart meters’, or Advanced Metering Infrastructure [AMI], are used to meter the use of electricity... Read more of this article

Video: Town Hall Meeting On Energy Sector

Video: Town Hall Meeting On Energy Sector

As part of their public consultation, the Regulatory Authority of Bermuda is holding a Town Hall meeting this evening [May 10] on the future of Bermuda’s energy sector. Regulatory Authority Interim Chief Executive, Aaron Smith previously said,“We are keen for as many stakeholders as possible to participate in this public consultation. The Town... Read more of this article

RA Town Hall Meetings On Island’s Energy Plan

RA Town Hall Meetings On Island’s Energy Plan

The Regulatory Authority of Bermuda is hosting Town Hall meetings starting today – Tuesday May 8th — with a second one set for Thursday May 10th. The public meetings are open to all interested parties to learn more about how Bermuda’s future energy plan will be developed and how to submit proposals toward the plan. The presentation... Read more of this article