Nassau, Bahamas – Utility Competition Organization (Urca) as planned before, according to General Operating Director (COO), Dr. As planned by Walden Russell this year, Dr. Walden Russell is aimed at finding ways to find ways to change the quality and accessibility of the service quality and accessibility.
The regulator proposed to serve as a pilot for a special control and central and southeastern Bahamas for the North Bahama office (NBO), a special control and central and southeastern Bahamas for the North Bahamas, Bimini and Berry Islands.
When the regulator called stakeholders on Wednesday’s annual plan, Dr. Russell, the opinions of our stakeholders have reconsidered this decision. Therefore, it will not start in 2025. Unregistered family islands. “
Dr. Russell, 2024 laws and policies, including electricity act, the application of a new natural gas policy, was identified in accordance with the development of the policy of e-communication and the project of the National Energy Policy Project. These changes have expanded Urca’s responsibilities, and the changes in the organization needed.
The regulator expects to summarize its 2025-year plan by the end of April.
Dr. Russell noted that in the financial plan for 2025, URCA’s budget offered a budget to support the expanding regulation functions since the previous year. The main allocations in the budget include professional services, consumer education and public relations and infrastructure investments. Our financial manager will discuss the budget in more detail.
“Despite the increase in increments, he strives to protect fiscal responsibility and is looking for active saving measures when providing effectiveness.
He added: “Urca will clean the organizational performance indices for 2025.