PUC Rejects BWS Request for 16% Rate Increase Print E-mail
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Written by Shane D. Willaims   
Thursday, 06 February 2014 00:00

On December 31st the Belize Water Services Limited submitted a request to the Public Utilities Commission for a 16.25 percent increase in water rates for the Annual Tariff Review covering the period April 1st, 2014 to March 31st, 2015. The Public Utilities Commission has rejected that request, opting to instead approve a 6.4 percent increase.

The 6.4 percent rate increase approved by the Commission is an initial decision. Rudolph Williams Jr., Director of the Water and Waste Water Sector in the PUC, explained the Commission’s decision on Monday, February 3rd. Williams said the Belize Water Services Limited presented an investment plan for $25.679 million in the 2014-2015 period. He said, “The Commission felt that some of the investments could be delayed to the next full tariff period and some of them were not necessary at all.” Therefore, the Commission approved an investment plan of $14.3 million. Williams said, “Based on our assessment, we believe the rates and investment plan approved by the Commission is a realistic one and B.W.S. will be able to execute it in the next tariff period.”

The initially approved rate increase will be effective on April 1st. Meaning, if one is currently paying an average of $50 on their monthly water bill they will be paying $53 in their April bill. The Belize Water Services Limited and anyone representing 10 percent of water consumers have until February 17th to submit concerns or remarks on the rate adjustment.