Electricity hike due to deregulation in the peninsula area of Mexico
The cause of the increase in electricity has come as a result of deregulation in the peninsula area of Mexico. When the Electricity Giant CFE was splintered into several companies, the business model changed from a standard price to one that the market could afford. This means that electricity prices across Mexico vary and the most expensive areas are the coastal and tourism areas. Belize receives power from the Peninsula area which is the most heavily taxed markets. Ambrose Tillett, Director of Electricity, at the PUC clarified the issue further.
The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members and not of the Ambergris Caye Message Board its affiliates, or its employees.