Log In

Rapidly falling demand for electricity has impacted the earnings of Ascendant Group, the parent company of Belco. The company has reported core earnings, before corporate expenses, of $11.9 million for the third quarter, which is $900,000 down on the...

The cost of electricity in Bermuda is to be reviewed by Belco following an instruction from the Regulatory Authority. The retail rate review will result in an updated usage charge on bills, based on rate per kilowatt hour. In addition, the facilities...

Dennis Pimentel, a former apprentice at power firm Belco has been appointed as its new president with operational accountability. Sean Durfy, who has been under fire over his management style, which led to a strike, will remain as president and chief...

Belco workers ended their industrial action after David Burt called a meeting with union officials and the Ascendant Group. The Premier announced Bermuda’s electricity supply would continue uninterrupted after both sides agreed “a way forward” on Sat...

The public and electricity sector stakeholders have extra time to submit comments on Bermuda’s long-term electricity plan, known as the IRP, or Integrated Resource Plan. The public consultation period opened on October 2, inviting comments on the eig...

Workers at power firm Belco were last night ordered back to work after a strike was called over a stand-off with the company’s management. Electricity Supply Trade Union members were given a legal warning to end their industrial action after a court ...

Bermuda Electric Light Company Limited (“BELCO” or “the Company”) has advised that submissions related to the Grid Code Consultation are now accessible via the BELCO website at www.belco.bm under the ‘Latest News’ tab. BELCO has published the officia...

Unionised Belco workers headed to the Bermuda Industrial Union headquarters yesterday for a meeting — a week after they backed a work-to-rule at the power firm. Electricity Supply Trade Union members were called to the meeting a day after the union i...

The island’s power supplier is now halfway through a 14-day union ultimatum to reinstate four management staff, but neither side in the dispute would say if talks have taken place. Unionised Belco workers adopted a work-to-rule last Friday in the wak...

Industrial action at Belco could leave customers in the dark, the utility warned over the weekend. The company said customers “may experience power outages” as a result of the industrial action with the Electrical Supply Trade Union, which imposed a ...

Directors at under-fire power firm Belco are prepared to meet union and government representatives to try to end industrial action at the firm. A spokesman for Ascendant Group, Belco’s parent company, said the board wanted talks to end a work-to-rule...