Rates & Service Rules

BELCO’s rates and service rules are set by the Regulatory Authority of Bermuda, an independent regulatory body that has been responsible for setting electricity rates since 2016.

Service Rules

Rate comparison of existing & new tariffs effective April 1, 2022

Comparisons at a glance.

DIFFERENCE
RESIDENTIAL PREVIOUS ($) CURRENT ($) $ %
Energy Charges 0-250 kWh 0.1253 0.1333 0.00795 6.3%
251-700 kWh 0.2124 0.2259 0.01347 6.3%
700+ kWh 0.3138 0.3337 0.001990 6.3%
Facilities Charge 0-10 kWh per day 19.04 21.33 2.28 12.0%
10-15 kWh per day 28.57 32.00 3.43 12.0%
15-25 kWh per day 38.05 42.61 4.56 12.0%
25-50 kWh per day 59.53 66.66 7.14 12.0%
50+ kWh per day 90.48 101.33 10.85 12.0%

 

DIFFERENCE
SMALL COMMERCIAL PREVIOUS ($) CURRENT ($) $ %
Energy Charges 0-1000 kWh 0.2215 0.2382 0.0167 7.5%
1001-5000 kWh 0.2556 0.2749 0.0193 7.6%
5001+ kWh 0.3086 0.3319 0.0233 7.6%
Facilities Charge 40.27 45.32 5.05 12.5%

 

DIFFERENCE
DEMAND SERVICE PREVIOUS ($) CURRENT ($) $ %
Energy Charges 1st 200 kWh x Demand 0.2644 0.2792 0.01477 5.6%
2nd 200 kWh x Demand 0.1335 0.1410 0.00745 5.6%
Remaining kWh 0.0510 0.0538 0.00285 5.6%
Demand Charges

Class A – 1st 50 kW

Remaining kW

11.86

11.86

13.13

13.13

1.27

1.27

10.8%

10.8%

Class B – 1st 50 kW

Remaining kW

11.95

11.95

13.43

13.43

1.48

1.48

12.4%

12.4%

Class C – 1st 50 kW

Remaining kW

12.05

12.05

13.54

13.54

1.49

1.49

12.4%

12.4%

Facilities Charge 99.48 111.99 12.51 12.6%