7 News Belize

New Year, New Rates
posted (January 2, 2014)
New electricity rates went into effect yesterday. The final decision from the Public Utilities Commission confirms a decrease of a little over 8%, which works out to 4 cents per kilowatt hour less that you'll be paying on the average rate.

Of course, what is known as the tariff basket has different rates for different classes of users, form the social rate, which is 24 cents to 45 cents for residential users in the middle range, while commercial and industrial users pay more and government pays the most at 51 cents for streetlights.

The 8% decrease is about half of the 17% increase introduced exactly one year ago.

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7 News Belize