Tag: Utility Regulation and Competition Office
OfReg chairs in near punch-up over CEO job
(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 […]
OfReg opens consultation on water sector regs
(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, […]
Utility regulator appoints more bosses
(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 […]
Ed ministry chief moves to OfReg
(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, […]
OfReg aims to be self-sufficient
(CNS): The new Cayman Islands utilities regulator has received a cash injection from government coffers to help with the goal of the relatively new watchdog to train staff and eventually become a self-funding body committed to ensuring the safe and fair provision of power, water, communication and fuel. Utility Regulation and Competition Office (OfReg) has […]
OfReg takes first step in fuel price monitoring
(CNS): As the price of fuel inches towards $5 per gallon at the pump, the Utility Regulation and Competition Office (OfReg) has revealed plans to begin examining whether or not Cayman’s gas prices are fair and competitive. More than a year after legislation was passed in the Legislative Assembly to regulate the industry and protect […]
Two-step SMS verification not secure, OfReg warns
(CNS): Getting a security code sent to a cell phone via a text message is one of the least secure means of verifying and protecting people’s online accounts, the Utility Regulation and Competition Office (OfReg) has warned. The regulator is urging banks and large corporations to consider the dangers of using this common two-step SMS […]
PAC members accuse utilities of ‘robbery’
(CNS): Members of the Public Accounts Committee appeared particularly aggrieved about the cost of some utilities when witnesses from OfReg and one of the owners of internet service provider C3 appeared before them Wednesday to answer questions about the regulation of telecommunications, fuel, electricity and water. Focusing largely on the high cost and poor quality […]
Sol avoids admitting safety breaches
(CNS): Bulk fuel supplier, Sol, has released another statement in the wake of a damning report by the utilities regulator regarding the fire at the Jackson Point fuel depot last year. However, Sol has yet to admit any responsibility in the events that led up to the dangerous incident, which could have been catastrophic. In […]
Welding repairs triggered fuel tank fire
(CNS): A report by the utilities watchdog, OfReg, has found that a fire at the SOL fuel tanks in Jackson Point last summer was due to welding work that had been done inside one of the tanks on the previous day while it was still in use. The regulator has pointed to a list of factors […]
OfReg seeks input on plans for better broadband
(CNS): Following revelations by the premier last week that government will be building the missing fibre optic network that the local cable and telecommunication companies have failed to provide, the regulator is seeking public input on plans for the infrastructure Cayman will need to meet the future demands of the digital economy. Given the increasing […]
