fbpx
Belmopan Aggregates
Venezuela in unrest as president threatens to make opposition-controlled legislature ‘disappear’
May 19, 2016
Anglo-Guatemalan Treaty and Belizean history in schools
May 19, 2016

Belize Electricity Limited accepts expert’s report on tariff review; will Belizeans’ light bills go up?

Posted: Thursday, May 19, 2016. 7:46 pm CST.

Posted: Thursday, May 19, 2016. 7:49 p.m. CST

BEL logoBy Aaron Humes: Belizeans are set for a slight increase on average in electricity rates, after an independent expert appointed by the Public Utilities Commission (PUC) reviewed the submissions of Belize Electricity Limited (BEL) for the 2016 to 2020 Full Tariff Review Proceeding (FTRP).

BEL had asked for an increase of four cents per kilowatthour from 35 to 39 cents, but the PUC’s initial decision set the mean electricity rate at 36 cents per kilowatthour, to which BEL objected.

Today the state-owned power company announced that it accepted the report of the independent expert after review, having accepted that he was suitably qualified and assured that he followed the guidelines for the review.

The expert recommends giving BEL most of what it wants, with rates to rise to an average of 38.64 cents from July 2016 to June 2020.

BEL says it trusts that the PUC will adapt and implement the recommendations in the best interest of customers.

It justifies the proposed increase as a boon for customers, saying that they will be able to benefit from needed improvements in safe, reliable and more accessible electricity supply thereby stimulating quality of life and national development. The PUC is to issue its final ruling shortly.

 

Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Belize ~ We offer fully customizable and flexible digital marketing packages. Your content is delivered instantly to thousands of users in Belize and abroad! Contact us at mаrkеtіng@brеаkіngbеlіzеnеwѕ.соm or call us at 501-601-0315.

 

© 2016, BreakingBelizeNews.com. Content is copyrighted and requires written permission for reprinting in online or print media. Theft of content without permission/payment is punishable by law.

Comments

  • Galen University
  • Belmopan Aggregates
  • larry waight
  • Belmopan Aggregates
  • cahal pech village resort
  • Galen University
  • Shindaiwa
  • Belmopan Aggregates