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BELCO Scholarships: Students Invited To Apply

BELCO Scholarships: Students Invited To Apply

BELCO is offering several annual scholarships and bursaries, ranging from $1,000 to $25,000 and Bermudian students are being invited to apply for this year’s scholarships by May 31, 2019. A spokesperson said, “BELCO is pleased to offer several annual scholarships and bursaries, ranging from $1,000 to $25,000 per selected student. Bermudian students... Read more of this article

BELCO Testing Causes Temporary Load Shed

BELCO Testing Causes Temporary Load Shed

The Bermuda Electric Light Company Ltd. [BELCO] confirmed that a load shed has occurred today [April 2] during the testing and commissioning processes related to the Battery Energy Storage System [BESS]. A spokesperson said, “The system, built as part of the Company’s capital plan, caused a load shed that interrupted power supply to a number... Read more of this article

Govt’s Policy Directions: Possible Sale Of BELCO

Govt’s Policy Directions: Possible Sale Of BELCO

[Updated] Speaking in the House of Assembly today [March 22], Minister of Home Affairs Walter Roban provided an overview of the policy directions that he provided to the Regulatory Authority. This follows after the Ascendant Group — the parent company of BELCO — said they are “evaluating strategic alternatives, including the potential sale of... Read more of this article

BELCO Launches Kite Safety Poster Competition

BELCO Launches Kite Safety Poster Competition

As part of their annual kite campaign, BELCO is holding a Kite Safety Poster Competition, open to all P1 and P2 students. Students have until 5:00pm on April 1st to submit their kite safety posters to BELCO. A spokesperson said, “Children in primary school years 1 and 2 have been learning about kite safety over the past month and now is their... Read more of this article

BELCO Supports Earth Hour, Set For March 30

BELCO Supports Earth Hour, Set For March 30

BELCO said they are pleased to once again sponsor and participate in the annual Earth Hour. On Saturday, March 30th, beginning at 4 pm, there will be an Earth Hour Expo in Dockyard with a number of events as well as information on energy efficiency that can help save money and empower Bermuda residents to live a more sustainable lifestyle. BELCO President,... Read more of this article

BELCO Donates Old Devices To Museum

BELCO Donates Old Devices To Museum

BELCO recently donated two antique electrical testing devices to the National Museum of Bermuda to add to the existing BELCO collection and items on permanent display at the ‘Progress of Power’ exhibit. The first piece of equipment is an ammeter from 1945 with the original instruction card included. The second item is a 500-volt insulation... Read more of this article

Ascendant Group Announces 2018 Results

Ascendant Group Announces 2018 Results

Ascendant Group released its 2018 annual financial results today [March 8], with core earnings of $18.3 million, or $1.87/share, compared to $20.4 million, or $2.06/share, in 2017 and funds from operations [FFO] of $46.8 million, or $4.78/share, for 2018 compared to $44.1 million, or $4.45/share, in 2017. The company said their highlights include:Continued... Read more of this article

‘Trees Falling Is Leading Cause Of Outages’

‘Trees Falling Is Leading Cause Of Outages’

BELCO issued a reminder to the public to ensure their trees are cut back from power lines and also outlined how to safely go about doing so. A spokesperson said, “Trees falling on power lines is the leading cause of power outages in Bermuda. In 2018 there were 32 non-hurricane related power outages from trees falling on power lines that resulted... Read more of this article

BELCO Building Battery Energy Storage System

BELCO Building Battery Energy Storage System

As part of BELCO’s capital plan, a Battery Energy Storage System [BESS] is being built which the company said “will help to reduce costs and ensure a more reliable electricity supply.” “The BESS is being built to provide spinning reserve. Spinning reserve is the reserve capacity that must always be available to feed into the grid... Read more of this article

Seminar Held On How To Reduce Electricity Bill

Seminar Held On How To Reduce Electricity Bill

The Women’s Resource Centre and BELCO recently partnered to host a workshop entitled ‘Use Less, Save More’: How to Reduce your Electricity Bill. “The one hour Free Lunch & Learn was sponsored by BELCO. The objective was for women to gain tools to lead energy efficient households and learn new methods to reduce their electricity costs. BELCO... Read more of this article

ESTU Meets With Board Of Ascendant Group

ESTU Meets With Board Of Ascendant Group

The announcement that Ascendant is evaluating a potential sale of the company has “raised concerns about the future of the company and our members,” the Electricity Supply Trade Union said today, adding that they have met with the Ascendant Board and plan to further discuss the matter at a meeting today. This follows after the board of the... Read more of this article

BELCO Customer Centre Closed For Christmas

BELCO Customer Centre Closed For Christmas

BELCO said they wish to advise customers that the Customer Experience Centre at its 27 Serpentine Road location will close at 12pm on Monday, December 24, in preparation for the Christmas holiday. “BELCO will resume normal business hours on Thursday, December 27,” a spokesperson said. “On Monday afternoon, customers may make BELCO... Read more of this article

Traffic Diversion: Broken Pole In Devonshire

Traffic Diversion: Broken Pole In Devonshire

Traffic is being diverted away from the Orange Valley Road area near Middle Road after a utility pole broke resulting in the top part of the pole with wires attached hanging over the road. We unofficially understand a tractor trailer truck was in the area when the incident occurred. BELCO staff and vehicles are at the scene working to replace the pole.... Read more of this article