CLICK PLAY FOR LIVE STREAMING || REFRESH YOUR BROWSER IF STREAM IS NOT LOADING

 
Listen Live On Our Live Stream or Tune To Our Frequencies: 88.3 FM | 88.9 FM | 94.7 FM | 95.1 FM | 98.1 FM | 98.5 FM

BWSL’s Request for Water rates Increase Denied

A request by the Belize Water Services Limited (BSWL) to have the Public Utilities Commission (PUC) increase water rates was denied. PUC this morning confirmed that the Tariffs, Fees and Charges levied by BWSL should remain unchanged for the period April 1, 2022 to March 31, 2025. On May 3, 2022, BWSL made a submission for an Annual Review Proceeding citing that it faced Exceptional Circumstances in its execution of its Business Plan with the financial effects caused by COVID-19. In its Submission, BSWL claimed that rising input prices and lower sales revenues had resulted in an accelerating in the Mean Water Rate (MWR), and therefore requested the Commission approve an increase in revenue yields of 5% by changing the tariff structure and adding a fixed charge to non-residential customers. On June 2, 2022, the Commission made a determination that BWSL has scope to grow its business and lower its cost structure thereby maintaining the MWR below the currently approved $17.49 per 1,000 gallons. On June 30, 2022, after receiving no objections from its Initial Decision, the Commission made a Final Decision that reaffirmed its decision.