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| January 2006 Fortis/BEL Raises Rates Yet Again |
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Shortly after commissioning the Chalillo dam, Fortis/BEL asked for electricity
rate increases to cover their construction bill--reported to be between 10% and
300% greater than Fortis/BEL estimated ($33 to 100 million US total cost).
Though Fortis/BEL is not allowing any inspections of the dam, its own reports
show that the dam has not filled and is not producing the electricity they
promised Belizeans. Instead, they raised electricity rates for Belizeans
12% in the summer of 2005 and another 13% in January 2006. Belizeans have
questioned this rate hike and are demanding answers from BECOL. A. Rate Hike Approved over Christmas holiday (Jan. 2006) 1. State Senator Ambrose Tillet challenges rate hike as illegal (Amandala
article) B. Fortis/BEL asks for rate hike after Chalillo commissioning (Nov.
2005)
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