BELIZE ELECTRICITY LIMITED APPLIES FOR RATE REVIEW

December 02, 2011

At his last quarterly press conference in October, Prime Minister Dean Barrow announced that electricity rates were going to be reduced in early 2012. Well today, the Public Utilities Commission called a news conference to inform that the Belize Electricity Limited has applied to them for an adjustment in electricity rates. In the application filed on Thursday, BEL is proposing for a 3.4 percent reduction in the average electricity rate for the period July first, 2012 to June 30, 2016.