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The Regulatory Authority of Bermuda has redesigned the electricity rate structure to better reflect how the grid actually operates today. Fixed charges now align more closely with infrastructure costs, solar customers have updated tariff classes, and bills separate generation from network charges. Learn why fairness and grid reliability drove this change.

Curious who keeps Bermuda's lights on, internet reliable, and cables protected? Discover how the Regulatory Authority independently regulates fuels, electricity, communications, and submarine cables, is funded lean, and is built for accountability.

Additional context on retail fuel pricing, including how prices are determined and the sequence of events that informed the Board’s recent decision.

Bermuda’s electricity prices are set using several methodologies that enable BELCO to operate efficiently and deliver energy to customers. Two important components of this pricing system are the Fuel Adjustment Rate (FAR) and the Feed-in Tariff (FIT).
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