PUC orders BWS to lower water rates
Saturday, 04.02.2012, 04:57pm
 The Public Utilities Commission has ordered Belize Water Services Limited (BWSL) to lower its rates. Rates will change from the approved $18.41 average tariff for 1,000 gallons last year, to $17.87 per 1,000 gallons for this year, to an average tariff of $16.03 per 1,000 gallons for 2013, and to $15.98 per 1,000 gallons for 2014. Announcing the new rates at a press conference at the Radisson Hotel on Tuesday, January 24, PUC chairman John Avery said the new rates are based on an approved rate of return to BWS on its investment of 8%, which was reduced from 10%. |
