Hashtag: #RegulatoryAuthority
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’
[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
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?
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
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
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
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 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
[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
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’
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”
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
