Belize Electricity Limited
Encyclopedia
Belize Electricity Limited (BEL) is the primary distributor of electricity in Belize, Central America. The Company, serves a customer base of approximately 77,000 accounts and is regulated by the Public Utilities Commission (PUC).
BEL meets the country’s peak demand of about 80.6 megawatts (MW) from multiple sources of energy. These sources include electricity purchases from Belize Electric Company Ltd. (BECOL), which operates the Chalillo, Mollejon and Vaca Hydroelectric Facilities in Western Belize; from Hydro Maya Limited located in Southern Belize; from Comisión Federal de Electricidad
(CFE), the Mexican state owned electricity company; from Belize Cogeneration Energy Limited (Belcogen) and from BEL's gas turbine unit and diesel fired generators. All major load centers are connected to the country’s national electricity system, which in turn is connected to the Mexican electricity grid, allowing BEL to optimize its power supply options.
Approximately 65% of the energy distributed by the Company in 2010, was sourced from renewable energy
sources.
At December 31, 2010, the Company's total assets were valued at $476.9 million and its operating revenue was $190.526 million.
BEL currently has 296 employees. The Company has maintained a customer satisfaction rating of more than 80%, since it started measuring customer satisfaction in 2000.
BEL meets the country’s peak demand of about 80.6 megawatts (MW) from multiple sources of energy. These sources include electricity purchases from Belize Electric Company Ltd. (BECOL), which operates the Chalillo, Mollejon and Vaca Hydroelectric Facilities in Western Belize; from Hydro Maya Limited located in Southern Belize; from Comisión Federal de Electricidad
Comisión Federal de Electricidad
The Comisión Federal de Electricidad is the Mexican state-owned electric widely known as CFE. It is the dominant electric company and the second most powerful state-owned company in Mexico after Pemex. The Mexican constitution states that the government is responsible for the control and...
(CFE), the Mexican state owned electricity company; from Belize Cogeneration Energy Limited (Belcogen) and from BEL's gas turbine unit and diesel fired generators. All major load centers are connected to the country’s national electricity system, which in turn is connected to the Mexican electricity grid, allowing BEL to optimize its power supply options.
Approximately 65% of the energy distributed by the Company in 2010, was sourced from renewable energy
Renewable energy
Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...
sources.
At December 31, 2010, the Company's total assets were valued at $476.9 million and its operating revenue was $190.526 million.
BEL currently has 296 employees. The Company has maintained a customer satisfaction rating of more than 80%, since it started measuring customer satisfaction in 2000.