RA Electricity Review Open To Consultation

October 29, 2019

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 to improve the effectiveness of the current regulatory framework.

“The RA’s functions and objectives for the electricity sector are to:

  • 1. Promote and preserve competition
  • 2. Promote the interests of the residents and consumers of Bermuda;
  • 3. Promote the development of the Bermudian economy, employment and ownership;
  • 4. Promote innovation; and,
  • 5. Provide for the control and conduct of the grant, renewal, modification, suspension or revocation
  • of licences for the provision of electricity.

Monique Lister, Director of Legal Services at the RA, said, “As the regulator for the electricity sector, we want to ensure that the recommendations we make are aligned with global best practices and work well for consumers and other key Stakeholders. At the end of the consultation process, we will publish our recommended changes.”

The spokesperson said, “After reading the Consultation document, the public will be asked to answer a series of questions regarding proposed changes to the sector, such as whether there should be public charging points for electric vehicles in Bermuda that consumers can pay to use, and whether community energy projects are beneficial for Bermuda.

“The Electricity Sector Review Public Consultation document is available for review on the RA’s website. Written comments should be submitted before 5.00pm [Bermuda time] on December 6, 2019.”

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Comments (2)

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  1. Bass Trout says:

    did this lot not just request a $1m increase in budget ?

  2. And The Band Plays On says:

    Why does the RA constantly carry on with all these consultations when they have so much backlog of work already. Get on with the work the consumers already pay millions a year for you to do.

    Minister Roban, you want savings for Bermuda, dissolve this ridiculous authority or hold them accountable.

    Telecoms are strangled by the lack of competition and the nothing has happened in the electricity sector except some aspirational IRP, some minor increase in FIT and no decision on the new rates

    However the RA continues to build an empire of new positions to further add to the already bloated cost for the size of Bermuda. How many positions have been added in the last 12 months? Is there a business case on each position with a viable justification?

    Do something that actually makes a real difference to the consumers, sectoral providers and our economy. You have no credibility as the merry-go-round of chiefs cycle through your doors. If fact, we never hear from this last one except to say no wind in the IRP………..correction ………..lots of wind in the IRP……….and biomass. Well at least the IRP is correct from one perspective so far – it’s full of hot air to turn the wind turbines and @#$& to power the waste to energy plants

    OMG. You can’t make this stuff up. I have an idea. Let’s actually set up the gaming commission and run odds on whether or not the IRP will ever realize the planned Wind and Biomass and if any other telecoms provider will establish a new wireless business in Bermuda. If the people are wrong, the government can put the money towards the deficit. If the people are right, the RA fees can be refunded to those that made a bet. Sounds like a win win to me. We can get the bets on our first fintech platform. I have a name for it, “Bet on a Better Bermuda”