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RA Public Consultation On Energy Sector

RA Public Consultation On Energy Sector

The Regulatory Authority of Bermuda has today launched the first stage of public consultation on a proposed Integrated Resource Plan [IRP] for Bermuda’s energy sector. The proposed IRP document, produced by BELCO, is now published and the public is encouraged to provide input on the proposal. Public and stakeholder submissions and comments will feed... Read more of this article

Consultation On Feed-In Tariff Methodology

Consultation On Feed-In Tariff Methodology

Consultation on the method to calculate the rate paid to Renewable Energy Metering Scheme participants is underway, the Regulatory Authority of Bermuda announced today. The Feed-in Tariff is paid by BELCO to compensate people who are connected to the electricity network and who generate electricity via renewable energy systems such as solar panels and... Read more of this article

RA Seek Feedback: Electronic Communications

RA Seek Feedback: Electronic Communications

The moratorium on issuing new Integrated Communications Operating Licences [ICOLs] could be reviewed; new regulations put in place to protect the Island’s internet network if an undersea cable is damaged; and, consumers could be given compensation for outages or failures in service. Those are just some of the topics being examined in a new wave of... Read more of this article

RA: ‘Security Of Electricity Supply For Bermuda’

RA: ‘Security Of Electricity Supply For Bermuda’

A decision to allow BELCO to replace ageing generators “was necessary for safety and the security of electricity supply for Bermuda,” the Regulatory Authority of Bermuda said today. Last week it was announced that the Authority had issued an order for the replacement of aged generation assets permitting BELCO to start installation of four... Read more of this article

RA Public Consultation For Retail Tariff Design

RA Public Consultation For Retail Tariff Design

The Regulatory Authority of Bermuda has issued a consultation to receive feedback from the general public on the retail tariff methodology for the electricity sector in Bermuda. The RA said, “The Regulatory Authority of Bermuda has issued a consultation to receive feedback from the general public on the retail tariff methodology [“Methodology”]... Read more of this article

RA Consultation On Accounting Instructions

RA Consultation On Accounting Instructions

The Regulatory Authority has issued a consultation on the regulatory accounting reporting instructions that will apply to electricity sector licensees. Currently, the Authority requires licensees to prepare separate accounts for each licensed business unit – which should also be separate from any unregulated business. For example, the Bermuda Electric... Read more of this article

Bermuda Regulatory Authority CEO Steps Down

Bermuda Regulatory Authority CEO Steps Down

The Regulatory Authority of Bermuda has announced a change of leadership, with Chief Executive Matthew Copeland stepping down from the post, effective immediately. The Authority Chair, Angela Berry, on behalf of the board, “thanked Mr. Copeland for his two years of service with the Regulatory Authority and wished him well in his future endeavours.” Ms.... Read more of this article

Search For Regulatory Authority Commissioners

Search For Regulatory Authority Commissioners

The Regulatory Authority of Bermuda is searching for “applicants to fill the role of regulators of key business sectors,” and anyone seeking to be members of the Board of Commissioners, to whom the RA will report, are expected to have their applications submitted by Friday, February 23rd. A Government spokesperson said, “The search... Read more of this article

BELCO Requested To Provide IRP Proposal

BELCO Requested To Provide IRP Proposal

Further to BELCO being issued with a Transmission, Distribution and Retail [TD&R] license on 27th October 2017, the Regulatory Authority has issued a notice requesting that BELCO submit an Integrated Resource Plan proposal [“IRP Proposal”] to the Authority by 15th February 2018. A spokesperson for the Authority stated, “An Integrated Resource... Read more of this article

RA Updates On BELCO And Electricity Sector

RA Updates On BELCO And Electricity Sector

[Updated] The Regulatory Authority announced that “following necessary amendments to the Electricity Act receiving Royal Assent on October 27, 2017, BELCO and the Government’s Tyne’s Bay power generation facility have been issued with electricity sector licenses.” “The Authority was given oversight of the electricity sector in... Read more of this article

Review Of Electronic Communications Sector

Review Of Electronic Communications Sector

The Regulatory Authority has released a ‘Review of the Electronic Communications Sector – Ensuring the delivery of benefits for Bermuda via Regulation’. This is a public consultation and members of the public are encouraged to send in comments. The RA said, “The consultation can be found on the Authority’s website www.rab.bm under ‘Consultations... Read more of this article

RA Proposed 2018/19 Work Plan Consultation

RA Proposed 2018/19 Work Plan Consultation

The Regulatory Authority has released its new public consultation for its 2018 – 2019 Work Plan, saying that it ”sets out the major activities that the Authority intends to carry out during the upcoming fiscal year 2018-19, with members of the public encouraged to send in comments.” “The consultation can be found on the Authority’s... Read more of this article

Regulatory Authority Electricity Sector Regulation

Regulatory Authority Electricity Sector Regulation

In July 2017 the Regulatory Authority received consent for the final form of electricity sector licenses, and these “licenses, as well as a license application process developed by the Authority, have now been enacted as general determinations, completing their final and formal legislative stage.” An RA spokesperson said, “On 28 October... Read more of this article