BEL proposes to maintain electricity rates

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Posted: Friday, December 16, 2016. 4:18 p.m. CST.
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By BBN Staff: Belize Electricity Limited (BEL) has made a submission to the Public Utilities Commission (PUC), proposing that the Mean Electricity Rate (MER) is maintained at $0.3699 per kWh for the remainder of the Annual Tariff Period: January 1 to June 30, 2017.

The Company is also proposing to simplify the tariff basket for all industrial customers into a single “Industry” classification.

 If approved by the PUC, medium and large manufacturers and processing plants as well  as others engaged in value-added production will benefit from a new rate structure that will lower their electricity bills over time.

BEL issued a statement informing that the submission made on December 10, 2016 is in fulfillment of its Mission “to provide reliable electricity at the lowest sustainable cost, stimulate national development and improve the quality of life in Belize.”

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