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Jun 22, 2017

B.E.L. Announces Modest Earnings for 2016-17

The Annual General Meeting of Belize Electricity Limited took place on Wednesday night and the news is that the company continues to perform well for shareholders.  With electricity rates largely steady, the company earned twenty-seven point three million dollars, of which twenty-point-three million was diverted to dividends.  B.E.L. says fifty-six percent of all its electricity is from renewable sources and it wants to increase this to eighty percent by 2025. The company also boasts of more customers in other communities countrywide and says it remains committed to higher access to safe, reliable and affordable electricity, as well as improving the quality of its services.

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