Information for Sectoral Providers

Industry News

News about our regulated sectors in Bermuda. Click on each title to open the full article in a new tab.

Belco and the Regulatory Authority have to change the way they operate in order to reduce the cost of electricity, the Government has warned.

Roban: Belco’s FAR will be reduced

Published
November 16, 2023
Belco and the Regulatory Authority have to change the way they operate in order to reduce the cost of electricity, the Government has warned.
Rate increases at Bermuda’s electricity supplier are among items credited by its Canadian parent company for divisional earnings performance during the third quarter ended September 30.

Belco rate rise drives Algonquin earnings

Published
November 15, 2023
Rate increases at Bermuda’s electricity supplier are among items credited by its Canadian parent company for divisional earnings performance during the third quarter ended September 30.
Algonquin Power & Utilities Corp, the Canadian parent company of Belco, has reported third quarter adjusted net earnings of $79.3 million, an increase of eight per cent, year-over-year.

Belco parent looks to future sale of renewable assets

Published
November 14, 2023
Algonquin Power & Utilities Corp, the Canadian parent company of Belco, has reported third quarter adjusted net earnings of $79.3 million, an increase of eight per cent, year-over-year.

Regulated Sectors

The Regulatory Authority of Bermuda (the RA) regulates Bermuda’s Electronic Communications, Electricity and Submarine Cables sectors.

As an independent regulatory body, we promote fair business practices, protect consumer and industry stakeholders, and encourage innovation and integrity in these markets.

We also:

  • Promote sustainable competition in the telecommunications sector, covering services such as fixed and mobile telephone, long distance, internet access and subscription television and
  • Regulate electricity licencees to ensure compliance with the provisions of the Electricity Act 2016.

How we regulate

Regulatory authorities around the world use specific procedures to create and implement regulations. The procedures available to the RA include:

  • General Determinations
  • Orders
  • Directions
  • Decisions
  • Advisory Guidelines
  • Investigations
  • Enforcements

Decision-Making

The RA’s Team of subject matter specialists conducts technological, economic and market analysis to provide the Board of Commissioners with robust, independent information, for consideration in their decisions and rulings.

For more information about each sector, access our pages on Electricity, Electronic Communications and Submarine Communications Cables.