What is the cost of electricity in Belize?

Belize’s utility rates are approximately $0.22 per kilowatt-hour (kWh). This is lower than the Caribbean regional average of $0.33/kWh due to existing renewable energy projects, but still high compared with U.S. mainland rates.

Who is Belize Electricity Limited?

Belize Electricity Limited is the primary distributor of electricity in Belize, Central America. We deliver safe, reliable and sustainable energy solutions to enhance the quality of life and the productivity of enterprise and to support national development.

What is the primary source of energy in Belize?

In Belize, almost half the energy comes from hydroelectric power and biomass. The rest is produced by domestic independent power producers (IPPs) and a Mexican utility, with IPPs contributing about 55.6% of the country's electrical needs.

What is a national energy plan for Belize?

In 2003, the Public Utilities Commission implemented a one-year project entitled Formulation for a National Energy Plan for Belize. The project, funded by the United Nations Development Fund, developed a comprehensive National Energy Policy to promote environmentally sound, safe, reliable, affordable energy (National Energy Plan, 2001).

Is Belize a good place to invest in energy?

Belize's energy sector is looking to expand in biomass and small-scale solar, as well as create new opportunities in electric vehicles, large-scale solar, liquefied natural gas (LNG), and waste-to-energy. However, Belize remains a net-importer of electricity from Mexico, which makes energy imports expensive and unpredictable.

What are the renewable energy resources in Belize?

Belize has good to moderate land-based wind resources (Class 3–4). Full solar and biomass resource assessments are unavailable. The country's current hydroelectric capacity includes 25.5 MW at the Mollejon Hydro Plant, 7.0 MW at the Chalillo Hydroelectric Dam Plant, 19 MW at the Vaca Hydroelectric Facilities, and 3.5 MW at the HydroMaya Dam.