7 News Belize

PUC Ignores Independent Expert and BEL
posted (June 24, 2016)
The Public Utilities Commission has made its final decision on what will be the electricity rate from July of 2016 to June of 2020, known as the "Full Tariff Review Period." This final decision comes after months of back and forth between BEL, the PUC and an independent expert. BEL first asked for an average rate of 39 cents per kilowatt hour, the PUC proposed 36 cents per kilowatt hour. That's when BEL asked for an independent expert and he recommended 38 cents per kilowatt hour - which BEL agrees with. But the PUC didn't, and today the regulator's final decision is for an average rate of 36.99 cents per kilowatt hour, nearly 37 cents. The new rate goes into effect at the start of next month.

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