Hashtag: #RegulatoryAuthority
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
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
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 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
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’
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
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
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
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
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
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
[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
