B.E.L. Holds its Annual General Meeting

Earlier we told you that the S.S.B. Board has approved the purchase of shares in B.E.L.  The utility company held its annual general meeting on Wednesday night and is reporting net earnings of twenty-nine point four million dollars. B.E.L. also says that it has repaid the ten million dollar loan from the Social Security Board that it obtained in 2010. What’s more, electricity rates are at the lowest and the company has invested twenty-seven point seven million dollars to reduce outages, increase access to power supply and improve power quality. B.E.L. also says that twenty-five communities were added to the national grid.