Another Increase in Electricity Rates, Twice in 2018
98 views · Published 28 December 2018 · 1:41 · Indexed 25 October 2026
Channel: Greater Belize Media | GBM · 2018 · News & Politics
For the latest news across Belize, visit: http://edition.channel5belize.com/ The cost of electricity is set to go up yet again, for a second time in 2018. This follows a formal request by Belize Electricity Limited to the Public Utilities Commission to recover monies that the company has been spending out of pocket to purchase energy from Mexico. The submission from B.E.L. is seeking an increase of zero point two-two cents per kilowatt hour as the Mean Electricity Rate to take effect from January first to June thirtieth, 2019. B.E.L. is hoping to get back approximately eighteen point eight million dollars in cost of power beyond what was previously approved by the commission. Today, at a press conference called by the P.U.C., Chairman John Avery explained the need for the increase.
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