Your
Energy
Future

Starts Here

Bermuda’s Electricity System is at a critical crossroad.

After decades of service, our infrastructure and network are in urgent need of upgrades.

Three major upgrade projects are proposed, which will increase reliability, stabilize rates, create jobs, decrease environmental impact, bring economic benefits to the Island, expand renewable energy sources and introduce value-added services for our customers.

BELCO has the critical responsibility for maintaining Bermuda’s electricity system and generating a safe and continual supply of electricity to our customers. We take our obligation to serve this community very seriously. If the critical replacement and upgrades of infrastructure are not made, and BELCO maintains the status quo, approximately $26 million in additional cost per year will be spent on a deteriorating system that will deliver sub-standard operational, economic and environmental outcomes. Simply put, if nothing is done, rates will continue to escalate and system reliability will continue to decrease.

YOUR ENERGY FUTURE:

Three Interdependent Projects for Maximum Benefit to Bermuda

As a regulated company, BELCO must request approval from the Regulatory Authority on major changes to its electricity infrastructure. To that end, BELCO has submitted a Capital Plan to the Regulatory Authority that includes the implementation of three major projects:
  1. Replacement Generation: the development and construction of new, dual-fuel, high efficiency replacement generation on BELCO’s existing Pembroke facility:
  2. Transmission & Distribution: upgrades to overhead and underground cables to support, and the; and
  3. Liquefied Natural Gas (LNG): implementation of an LNG supply chain through importation of LNG, using a competitive tendering process for supply, which will be processed through a third party LNG terminal and natural gas pipeline built in Bermuda.
If this proposal is approved and implemented, the result will be a reliable supply of electricity at a lower cost than what can be produced with our existing infrastructure; a greatly improved environmental footprint due to a cleaner fuel supply for generation; the creation of approximately 200 jobs; economic benefits in the form of new national infrastructure to encourage tourism and business development; support for the expansion of renewable energy; and the provision of value-added services for our customers.
Our path is clear: NOW is the time to invest in a better energy future for Bermuda.

REPLACEMENT
GENERATION:

WHY BUILD IT?

We need to replace 50% of our generation capacity in order to ensure Bermuda maintains a reliable, safe and cost effective electricity supply into the future.
Solution

OUR SOLUTION:

Build new, dual-fuel, high efficiency replacement generators.

TRANSMISSION & DISTRIBUTION:

WHY UPGRADE?

Overhead and underground cables and infrastructure are an essential part of the system that delivers electricity to your homes and businesses.  These cables are key in supporting future development in Bermuda.
Solution

OUR SOLUTION:

Replace underground transmission cables, upgrade distribution assets and facilities and implement advanced metering technology.

LIQUEFIED NATURAL GAS:

WHY SWITCH FUELS?

Natural gas is the cleanest burning fossil fuel and due to the vast gas fields being developed around the World it will be cheaper than fuel oil in the decades to come.
Solution

OUR SOLUTION:

Introduce natural gas to Bermuda through a competitive LNG procurement process, with appropriate governance oversight.

MEDIA CENTRE

Stay tuned to the latest upgrade project news, video and collateral, and find out about community events in your area here.