Electricity Rates to Fall While Water Freezes Print E-mail
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Written by Shane d. Williams   
Thursday, 11 April 2013 00:00

On Wednesday, April 10, the Public Utilities Commission (PUC) announced that water rates will be left unchanged for the period April 1, 2013 to March 31, 2014. On December 31, 2012 the Belize Water Services Limited (BWSL) submitted a proposal to the PUC that there be no Annual Tariff Review Proceeding (ARP). A release by the commission stated, “The PUC concluded that there was no exceptional circumstances to warrant that an ARP be initiated on the PUC’s own volition and accepted BWS’ proposal.” Therefore, the current tariffs, fees and charges will remain in effect.

However, the Public Utilities Commission will hold an ARP for the Belize Electricity Limited (BEL). On April 2, 2013 BEL submitted an application to the PUC requesting a reduction in the Mean Electricity Rate (MER) of approximately 1 cent per kilowatt hour. That would mean that residential customers would pay around 48 cents per kilowatt hour of electricity. A release by BEL states that the reduction is necessary in order to “reflect the actual Cost of Power since January 2013 compared to the projected cost submitted to PUC in December of 2012”.

The Public Utilities Commission will be making announcements on the public’s role in the Annual Tariff Review Proceedings.