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Nov 2, 2011

Electricity Rates to dip next year

Dean Barrow

Though the Prime Minister says general elections will likely follow after the 2012 March municipal elections, the standard pre-election quality of life packages are on the way. The Prime Minister announced that he had spoken to CEO of Belize Electricity Limited and the Public Utilities Commission about implementing a rate review.  The PM believes that once completed, citizens will see lower electricity rates possibly by the end of January 2012.

Dean Barrow

“It’s now been agreed that the rate review exercise will commence. How it begins is that B.E.L. makes its submission to the P.U.C. by first of December. Thereafter, the P.U.C. should have a preliminary decision by January. By early January if there are no objections to the P.U.C.’s preliminary decision; that decision will become final within ten or fifteen days. I am not sure of the exact time frame, but we hope to have new electricity rates, new tariffs agreed by the end of January 2012. Now clearly this exercise is an objective one and I can’t presuppose and I can’t interfere with the discretion and authority of the P.U.C. But you don’t have to be very bright to know that I certainly would not have insisted that the process be put in trade if I didn’t feel confident in contrary to what Fortis was saying, this rate setting exercise can produce a lowering of electricity rates for the Belizean people. There is a waiting period before the rates can take effect. Well if at the end of the exercise the news is as good as I hope it will be, we will change the law to make the new rates effective immediately upon the decision being handed in.”

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7 Responses for “Electricity Rates to dip next year”

  1. Joe McGuire says:

    We have all seen these scams before by Mistah Clean, lower electricity, lower gas, lower everything before Municipal Elections then after they will rocket back up to double what they are now.

  2. Lorenzo says:

    I am sick and tired of the games played by this and previous governtment administrations. They make promises to the people in their manifesto. Then they wait until an elections eve to deliver on some of those promises. All the while they keep the people suffering. They hold back on some other promises until the eve of another election to try to get the people’s support then. And then they leave some major promise to the people; one they say they will fullfill if the people give them another term.

    Dean, bring down the electricity rates; we deserve it. But I will still vote against unu; you deserve it.

  3. David says:

    Yes you PM it will be just before elections, just before roads will be restarted to be paved, just before corozal hospital operating room restarts construccion. just before you play your politricks on the belizean people. It is very sad how you people all in politict now step up for what your country can give you and not for what you can do for your country. Shame on you all.
    Mr pablo marin have you sold the 65.000 (each) bze dollar lab equipmetn to your policlinics? You know the company which sold them to you is wanting the 60,000 total for all the equipment they sold to you.which is about 10,000 each for six piezes.
    Mr. chivo you czl politician who got promoted again, as minister eventhought you last elections/. all the milk you stayed with (about 10 sacks of 5o lbs each) when hurricane came las t couple of years this milk was supposed to be distributed to the poor people and all needy people, and you black headed minister you packed it all in your house.And guess what its was too much for you and your family members that the milk spoiled and you had to throw it away (about 6 sacks). This greed of your spoils everything and leaves nothing for the poor. you and all you are rotten from inside you stink, shame on you all.

  4. Belizean says:

    And this is sustainable since we are still buying power from CFE right? Which is selling us electricity at prices tagged to the world oil prices. So if we will benefit because the architect of the great Killa Vat convinced CFE to drop the prices by 5 – 10% as a discount, what will happen when there is a bull market in world oil prices and it climbs up 20%? Did anyone think the prices at the pump would have held when it dropped to $5.00? Keep on imagining the possibilities….

  5. belizeanpride says:

    how can i believe you barrow, how? when? it’s hard to believe the crap you always bring to the Belizeans, we are fed up with promises that only flies like the wind through our fingers.

  6. kuliga says:

    Dats my PM!! Show dem how u run thingz.

  7. Steve says:

    You are right Kuliga, encourage your PM to fool the people. Lower rates just before election then triple them after elections, like what he has done many times.

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