Saturday, May 25, 2024

Public Utilities Commission

No increase in electricity rates expected until June

The Public Utilities Commission (PUC) has decided to keep the current Mean Electricity Rate of $0.39.9 per kilowatt-hour instead of the proposed increase of $0.41.5 per kilowatt-hour. The current rate will remain until June 30, 2022. 

Electricity rates going up; consumers and PUC call out BEL’s utility practices

The cost of electricity will increase this month through June of this year. In an official note issued on Wednesday, January 5th, the Public Utilities Commission (PUC) announced that the Mean Electricity Rate or MER would be adjusted from $0.39.9 to $0.41.5 cents per kilowatt-hour. The increase was requested by Belize Electricity Limited (BEL) on December 10, 2021, reporting that it had paid more for power by the end of last year and is projecting to pay more in the first months of 2022.

Minister of Public Utilities Meets with PUC

The meeting served as an opportunity for the minister to acquaint himself with the members of the commission and present future expectations. Additionally, the minister familiarized himself with ongoing activities and strategic regulations currently out for consultation as well as those in development.

Ministry of National Security and Public Utilities Commission Launch Cybersecurity Strategy

The development of this Strategy was guided by the OAS-CICTE, and coordinated by the National Security Council Secretariat, the Public Utilities Commission, Central Information Technology Office, the Attorney General’s Ministry and an Inter-institutional Cybersecurity Task Force. The overall objective of this Strategy is to take a public-private partner approach to foster an open and trusted digital environment in Belize, which would enable innovation, economic development, and social inclusion.

BEL FTRP Concludes with Reduction in Rates

The 2020 Full Tariff Review Proceeding (FTRP) concluded on October 28, 2020 with the Public Utilities Commission’s (PUC) Final Decision reducing the current Mean Electricity Rate (MER) of 41.51 cents per kWh to 40.18 cents per kWh to take effect January 1, 2021 through to June 30, 2024.

BEL submits Full Tariff Review Proceeding Application to the PUC for 2020 to 2024

Belize Electricity Limited (BEL) has submitted an application to the Public Utilities Commission (PUC) under the Full Tariff Review Proceeding (FTRP) for the Full Tariff Period (FTP) starting July 1, 2020 and ending on June 30, 2024 (FTP 2020/2024). The FTRP is a review and subsequent determination by the PUC of the Regulated Values, Mean Electricity Rate (MER), Tariffs, Rates, Charges and Fees applicable for the FTP 2020/2024.

Caye Caulker Electrical Power and Water Supply restored

Utility issues in Caye Caulker Village seem to finally be stabilizing after over a week of electrical and water shortages. The issue peaked on New Year’s Day, when for several hours, the island was without electrical power after days without running water.

Building Unit Awareness workshop held in San Pedro Town

The Ministry of Housing and its partners are hosting workshops throughout the municipalities in Belize, engaging local building authorities and stakeholders in the construction sector.