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Jul 2, 2012

P.U.C. makes final decisions on B.E.L. approved rates

The Public Utilities Commission announced a final decision regarding the Annual Review Proceeding for Belize Electricity Limited for 2012.  While there will not be an increase in electricity rates, the government-owned utility company shuffled and reconfigured some expenses.  On April second, B.E.L. made a submission in which changes to its list of costs, as well as tariffs for commercial customers were requested from the P.U.C.  A preliminary decision was issued a month later and that conclusion was then challenged, giving way for the appointment of Cedric Flowers, an independent expert, to review and make necessary recommendations to the commission.  B.E.L.’s proposal did not explicitly request any rate adjustments; it did, however, seek to eliminate certain fees and charges, increase some and establish others.  According to the P.U.C.’s Director of Tariffs, rates that were approved in the last Full Tariff Review Proceedings will remain unaffected.

 

Dr. Leroy Almendarez, Dir., Tariffs & Administration, P.U.C.

Leroy Almendarez

“The commission approves no adjustments to any previously approved regulated values, mean electricity rates and tariffs contained in the B.E.L. submitted 2011-2012 Full Tariff Review Proceedings.  So those that were set in the F.T.R.P. they were not adjusted and [the P.U.C.] hereby orders B.E.L. to continue to levy the said previously approved B.E.L. tariffs in respect of the relevant electricity services it is licensed to provide.  So, per kilowatt hour it is 41.3 percent.  The Belize Electricity Limited may, subject to the conditions of the license, levy such tariffs, fees and charges for the provision of electricity services not covered in the schedules or in any final decisions issued for any previous review proceedings contained in the service agreement.  B.E.L. has a license and so they are serving certain services that are supposed to be provided, okay.  So that‘s the extent of the final decision.”

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