BELCO Warns Against Energy Amendment

BELCO is sounding the alarm over a new Bermuda Electricity Act amendment, warning it could let politicians hijack the island’s energy future by sidelining the independent Integrated Resource Plan. President Wayne Caines argues that energy decisions must stay in the hands of technical experts and the Regulatory Authority — not ministers — to ensure affordable, reliable power. He fears the change undermines regulatory independence and could deter critical infrastructure investment. While the Regulatory Authority confirms it will keep doing its job, BELCO insists the amendment risks destabilizing the system they’ve managed for nearly 120 years — all while sharing the government’s ultimate goals for sustainable energy. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ee96831e3869c65e