BEL Requests Tariff Adjustment to Cover $108M Shortfall

Belize Electricity Limited (BEL) has submitted a request to the Public Utilities Commission seeking a rate increase of about five cents per kilowatt-hour, effective from January 1st. This adjustment aims to bridge a financial gap of $108 million that BEL is currently facing.

Reason for the Increase

BEL attributes the requested tariff rise primarily to increased costs in fuel and other operational expenses that have outpaced previous estimates. The company highlights that without this adjustment, it will face continued financial strain that could affect service quality and sustainability.

Impact on Consumers

This proposed change means an increase in electricity bills for customers starting in the new year. BEL stresses that the rate hike is necessary to maintain reliable power supply and invest in infrastructure improvements, which are vital for meeting future energy demands.

Regulatory Process

The Public Utilities Commission will review BEL's application, considering public input and the broader economic impact before making a final decision. This process ensures transparency and balances the needs of the utility with consumer protection.

“The adjustment is essential for BEL to continue delivering electricity efficiently to all its users while managing cost increases responsibly.”

BEL’s tariff adjustment request reflects growing operational costs and the company's efforts to secure financial stability while maintaining power services.

Greater Belize Media — 2025-11-30