Tag: OfReg

OfReg tries to steer CUC to reward renewables

OfReg tries to steer CUC to reward renewables

| 28/12/2018 | 27 Comments

(CNS): The Utility Regulation and Competition Office (OfReg) has approved changes to Caribbean Utilities Company’s terms of service that create more choices and promote the use of renewable energy. The revisions to Grand Cayman’s monopoly power provider’s service terms impacts how consumers acquire electricity and what they pay for it. Customers can continue to consume as they always have […]

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OfReg presses fuel suppliers on price

OfReg presses fuel suppliers on price

| 13/12/2018 | 42 Comments

(CNS): Duke Munroe, who is responsible for the regulation of the local fuel sector within the Utility Regulation and Competition Office (OfReg), has told CNS that the regulator has intervened to persuade the local fuel suppliers to drop the price of fuel by more than they had intended and much sooner. While OfReg continues to conduct […]

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OfReg under fire after $2M cash injection

OfReg under fire after $2M cash injection

| 27/11/2018 | 51 Comments

(CNS): The premier has admitted that the office created to regulate utilities has encountered a number of teething problems and has needed much more money than anticipated since its creation some two years ago. Outlining the need for more than $2 million in additional appropriations for the Utility Regulation and Competition Office (OfReg), the premier […]

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Solar farm cuts emissions but investors lost cash

Solar farm cuts emissions but investors lost cash

| 22/10/2018 | 46 Comments

(CNS): The solar array in Bodden Town, which began generating electricity from solar panels last summer, is functioning as expected and fit for purpose, with the necessary controls and systems in place, but the investors failed to make a profit on building the plant. Some 800 homes have been fuelled by the solar energy from the […]

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OfReg’s oversight of water companies

OfReg’s oversight of water companies

| 20/09/2018

(Auntie): On Monday I answered a question from a reader who had received an eye-popping bill from Cayman Water (see Consumer hit with US$25K water bill), and said that I had contacted the Utility Regulation and Competition Office (OfReg) for its input and would let readers know when I heard from them. Given the public interest […]

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Sol fined $200k over fuel tank blaze

Sol fined $200k over fuel tank blaze

| 19/09/2018 | 45 Comments

(CNS): Sol Petroleum Limited has been fined just CI$200,000 plus costs of CI$86,700 by the utilities regulator in connection with the dangerous fuel tank blaze at the Jackson Point Terminal last summer. Sol has accepted responsibility and paid the administrative fine, which the Utility Regulation and Competition Office (OfReg) said reflected the potentially serious nature of the blaze and […]

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Miller calls for OfReg chair’s removal

Miller calls for OfReg chair’s removal

| 13/09/2018 | 72 Comments

(CNS) UPDATED: Opposition Leader Ezzard Miller joined other public calls on Tuesday for the removal of the Linford Pierson as chairman of the OfReg board following revelations that he had threatened to punch the deputy chair during a recent special board meeting. Miller said that if the details revealed in the leaked minutes are an […]

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OfReg chairs in near punch-up over CEO job

OfReg chairs in near punch-up over CEO job

| 11/09/2018 | 118 Comments

(CNS): The situation on the board of the Cayman Islands’ utilities regulator appears to be spinning out of control as leaked minutes of special board meetings last month show that Board Chair Linford Pierson threatened to ‘box’ Deputy Chair Ronnie Dunn in the head. This happened after Dunn accused Pierson of corruption over his attempts […]

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OfReg opens consultation on water sector regs

OfReg opens consultation on water sector regs

| 06/09/2018 | 28 Comments

(CNS): The utilities regulator is asking the public to participate in a public consultation this month on the regulations being drafted to support the Water Sector Regulation Law. The Utility Regulation and Competition Office (OfReg) says the aim is to regulate operators and service providers to protect the health, safety and economic well-being of consumers, […]

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Utility regulator appoints more bosses

Utility regulator appoints more bosses

| 04/09/2018 | 34 Comments

(CNS): J. Paul Morgan, the first CEO of the Utility Regulation and Competition Office (OfReg), has left office after just over 18 months on the job and the board of directors has now appointed two people to act in the post while a recruitment process to fill the CEO post is undertaken. Officials said that Morgan left […]

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Ed ministry chief moves to OfReg

Ed ministry chief moves to OfReg

| 24/08/2018 | 86 Comments

(CNS): The government has added a new senior position to the Utility Regulation and Competition Office (OfReg) and is transferring the chief officer of the education ministry, Christen Suckoo, to the new post. OfReg already has a number of top officials covering the various parts within its ambit, such as ICT, fuel, electricity and water, […]

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