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BEL Proposes Unchanged Rates up to June 2017

Belize Electricity Limited (BEL) has made a submission to the Public Utilities Commission (PUC), proposing that the Mean Electricity Rate (MER) be maintained at just under thirty seven cents per kilowatt hour for the remainder of the Annual Tariff Period which ends on June 30, 2017. BEL 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’s submission made on December 10, 2016 is in fulfilment 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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