For a better experience on OfReg, update your browser.

News

Oct 08, 2019 OfReg

PRESS RELEASE FROM THE UTILITY REGULATION AND COMPETITION OFFICE OF THE CAYMAN ISLANDS

The winning bidder of the formal Request for Proposal to perform the economic and competition assessment of the fuels markets across the Cayman Islands has commenced work.

Read more
Oct 04, 2019 OfReg

Press Release - Regulatory Accounting Rules Consultation

Regulatory Functions Strengthened By Ofreg Proposals For New Accounting Rules

Read more
Sep 26, 2019 OfReg

Press Release – New CEO

The Utility Regulation and Competition Office is delighted to announce that Mr. Malike Cummings has been apQpointed as the new Chief Executive Officer.

Read more
Sep 26, 2019 OfReg

PR - Renewable Energy Auction Scheme

On 23 September 2019 the Utility Regulation and Competition Office ("the Office"/"OfReg") published on its website Consultation Document – E&U 2019 – 2 which provides members of the public and other interested parties the opportunity to submit written responses on the proposed Renewable Energy Auction Scheme that will apply to electricity sector renewable energy procurement.

Read more
Sep 16, 2019 OfReg

20-MEGAWATT ENERGY STORAGE PROJECT TO DELIVER FOR CONSUMERS AND THE ENVIRONMENT

OfReg has today announced that it has approved a 20-Megawatt (MW) utility-scale battery energy storage project for CUC, paving the way for annual consumer savings of approximately CI$5 million.

Read more
Aug 02, 2019 ICT

Enforcement Notice

The Utility Regulation and Competition Office released its “Notice of Enforcement” at the start of August, continuing efforts to ensure absolute compliance from its ICT Licensees.

Read more
Jul 24, 2019 OfReg

OFREG APPROVES WATER AUTHORITY RATE ADJUSTMENT

The rate charged for water by the Water Authority will only increase 1.46% this year, to account for inflation. This small increase is less than two-thirds of what the utility applied for last year. This will represent a marginal increase of approximately $1.50 per month for the average residential WAC consumer.

Read more
Jul 09, 2019 OfReg

OFREG REFUSES CAYMAN WATER COMPANY LTD. REQUEST FOR RATE INCREASE

OfReg has refused a request from Cayman Water Company Ltd., to raise the price of water rates paid by its consumers in Grand Cayman.

Read more
Jun 13, 2019 OfReg

OFREG CONSULTS ON OVERHAUL OF ICT LICENSING FRAMEWORK TO MEET NEEDS OF CONSUMERS AND THE CHALLENGES OF MODERN COMMUNICATIONS

OfReg is consulting on proposed changes to the ICT licensing framework, which will shift the focus towards outcome of service, benefitting consumers in the Cayman Islands.

Read more
Apr 09, 2019 OfReg

BANKS AND CUSTOMERS SHOULD REMAIN VIGILANT AGAINST MALICIOUS ‘TRICKBOT’ MALWARE

OfReg is today warning all banks and their customers to remain vigilant against the threat of malicious malware, in particular, malware known as ‘TrickBot’, a modular banking trojan designed to steal financial information.

Read more
Apr 08, 2019 OfReg

2019 OfReg Annual Plan

2019 OfReg Annual Plan

Read more
Apr 02, 2019 OfReg

OFREG INVITES INPUT FROM PUBLIC AND INDUSTRY ON FUEL DISPENSING REQUIRMENTS DESIGNED TO IMPROVE SAFETY, CONSUMER PROTECTION AND COMPETITION IN FUEL SECTOR

OfReg has today issued a discussion paper outlining suggested fuel dispensing requirements, designed to protect consumers by reducing the likelihood of drivers dispensing incorrect fuel into a vehicle, which can be dangerous, damaging, costly and time-consuming to correct. The discussion paper is designed to ignite debate among members of the public and the fuel industry, ahead of a formal consult...

Read more
Mar 27, 2019 OfReg

OFREG HIGHLIGHTS IMPORTANCE OF DOMAIN NAME SYSTEM SECURITY EXTENSIONS FOR DOMAIN NAME INDUSTRY

OfReg is today publishing a notice, remining of the dangers of cyberattacks on the domain name system (DNS), and publishing links to further advice on preventing such attacks. This advice is aimed at members of the domain name industry, such as registries, registrars, resellers as well as networks operators which operate DNS data requests.

Read more
Mar 15, 2019 OfReg

EXTENSION NOTICE

OF 2019 - 1 - Consultation on the Proposed Truth in Advertising Rules and OF 2019 - 2 - Consultation on the Proposed Anti-competitive Practices Penalties Rules

Read more
Feb 18, 2019 OfReg

Consultation on Proposed Anti-competitive Practices Penalties Rules

The Utility Regulation and Competition Office (‘OfReg’) is launching a 2nd consultation on the proposed Anti-competitive Practices Penalties Rules. The proposed Anti-competitive Practices Penalties Rules were re-drafted in order to expand on the calculation methodology that OfReg will utilise when determining amounts of penalties to be imposed.

Read more