Speaker Of The House Signs MOU With FOPREL And SICA

Speaker of the House of Representatives, Hon. Laura Tucker Longsworth, travelled to El Salvador to p...

New International Flight Headed To Belize

There's a new international flight headed to Belize, this time coming from Minneapolis, Minnesota lo...

224 Farmers Graduate From Farmers Field School

This afternoon a special graduation ceremony was held for 224 cane farmers who participated in the S...

  • Speaker Of The House Signs MOU With FOPREL And SICA

    Friday, 07 September 2018 02:44
  • New International Flight Headed To Belize

    Friday, 07 September 2018 02:46
  • 224 Farmers Graduate From Farmers Field School

    Friday, 07 September 2018 03:09

belize-electricityOn Monday the Belize Electricity Limited (BEL) made a submission to the Public Utilities Commission in which the Company requested an amendment to electricity rates to reflect the savings it has realized in the cost of power it purchases from Independent Power Producers (IPP). 

 

This proposed amendment is aimed at passing on these savings to customers.  If approved by the PUC, the amendment is expected to result in a 3.4% reduction in the Mean Electricity Rate (MER) from 43.47 cents per KWh to 42 cents per kWh for the period January 2015 to June 2015. The savings achieved are primarily due to lower than expected cost of power from Mexico’s Comisión Federal de Electricidad (CFE) during the current tariff period, which has made it possible for the Company to provide electricity to customers at a reduced rate.

Share this post

This content has been locked. You can no longer post any comment.