B.E.L. Requests Mean Electricity Rate Remain at 40 Cents

Belize Electricity Limited wants the mean electricity rate to remain fixed at forty cents per kilowatt-hour throughout the 2024–2028 tariff cycle. B.E.L. officially made the request to the Public Utilities Commission (PUC) on March twenty-second. B.E.L. says this aligns with its overarching mission to provide safe, reliable, and sustainable energy solutions that bolster quality of life, productivity, and national development. B.E.L.’s proposal is backed by four reasons, including the introduction of new tariffs and pricing structures for electric vehicle charging, the retrieval of outstanding balances from prior periods, and the allocation of over five hundred million dollars towards capital projects over the ensuing five years. The PUC says that a public hearing will be held on Thursday, April eleventh at six p.m. at the Belize Biltmore Plaza.