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Jul 15, 2020

Full Tariff Review Proceeding for B.E.L.’s Rate Resumes

John Avery

On March twenty-first, the Public Utilities Commission suspended the full tariff reviewing proceeding for Belize Electricity Limited based on the utility company’s recommendation, as well as the state of emergency declared as a result of the COVID-19 pandemic.  Just a day earlier, B.E.L. had made a formal objection to the P.U.C.’s initial decision regarding the determination of regulated values, mean electricity rate, tariffs, and fees and charges.  Today, the regulator announced that the full tariff review proceeding will resume and an independent expert will be appointed to review the initial decision.

 

John Avery, Chairman, Public Utilities Commission

“It certainly wouldn’t be fair to have an independent expert review the initial decision on the basis of an updated proposal from B.E.L.  The P.U.C. didn’t make its initial decision with any updated proposal.  So we of course had to reject that recommendation by B.E.L. and basically what we’ve decided is that we’ll resume the FTRP on July twenty-seventh and we will then stick to the deadlines prescribed by laws for rate setting, or for the FTRP.  We have fifteen days after the objection with which to, and we’ll have to update this public notice, with which to resume the FTRP and then basically after the twenty-seventh run fifteen days, that would be by August eleventh, we would need to appoint the expert and then that expert would have thirty days to review the initial decision in light of B.E.L.’s objections and to submit his report within thirty days.  After the submission of the report, again the licensee being B.E.L. and any interested party representing users of at least ten percent of the annual quantity of electricity supplied by B.E.L. in the preceding year they may submit comments on the report.”


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