This evening, the Public Utilities Commission (PUC) said it has approved an average rate increase of 6.4% of Belize Water Services Limited (BWS) in their application for the 2014 annual review proceeding (ARP).
The water company had sought an increase of more than 16% on average, a total cost of $2.65 added to the current rate of $16.29 per thousand gallons of water. The increase would apply to the entire country except for Caye Caulker beginning on April 1.
As per usual, those who wish to comment on the initial decision, including BWS and parties representing users of at least 10% of the annual amount of water supplied by the company in 2013-14 have until close of business on February 17 to write in to the PUC.
If there are none, then the initial decision becomes final. If objections are received, the PUC is required to appoint an Independent Expert to review the regulated values, rates, tariffs, fees and charges and to make recommendations to the PUC on such.
The PUC has planned, tentatively, a press briefing for Monday afternoon at 2 in Belize City.