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May 10, 2006

P.U.C. final decision keeps current B.E.L. rates

In news from the energy front, the Public Utilities Commission has issued a press release stating that its final decision on Belize Electricity Limited’s request of a rate hike has been denied. The P.U.C. had indicated as much in its initial response to the company but as per its protocols, waited ten days for comment from B.E.L. and the public. The commission says since no written submissions were sent in, the rate to consumers will remain at current prices. In related news, the annual general meeting of Belize Electricity Limited will be held next week Tuesday at the seven thirty p.m. at the Biltmore Plaza.


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