Yesterday, the Bermuda Electric Light Company (Belco) took a bold step toward transparency and community engagement with the launch of its educational series, “The Energy Equation,” hosted at the Bermuda Underwater Exploration Institute (BUEI). The event marked the beginning of a public dialogue aimed at demystifying the island’s energy landscape and the complexities behind power generation, pricing, and sustainability.
Among the key speakers was Dr. Jeffrey Steynor, head of Belco’s Energy Transition Department, who provided a compelling keynote presentation focused on the path forward for Bermuda’s energy future. Attendees were treated to in-depth updates on Belco’s current operations in generation, transmission, and distribution — but more importantly, the event sought to break open a broader conversation around the island’s long-term energy security.
“This is an educational series we’ve created to help the public understand the realities, challenges, and opportunities of our energy equation,” said Nadir Wade, Managing Director at Belco. “There’s been a lot of discussion in the community about electricity — especially around cost — and we felt the time was right to start having informed, transparent conversations.”
Wade emphasized that this was just the beginning of a multi-part series designed to reach diverse demographics across Bermuda, noting that everyone experiences energy differently depending on lifestyle, income, and usage patterns.
“We understand that energy means different things to different people,” Wade continued. “Our goal is to meet people where they are, whether it’s a family struggling with high bills or a business thinking about sustainability. This isn’t just a corporate initiative — it’s a national one.”
The tone of the evening was constructive and participatory. According to Wade, audience engagement during the Q&A session was one of the clearest indicators of the event’s success.
“For us, the energy in the room was in the questions being asked. We weren’t there to dodge anything — we were there to listen, explain, and elevate the discussion,” he said. “We may not have all the answers, but we have expertise to offer, and we want to share it.”
Though pricing wasn’t the main focus of this particular session, Wade acknowledged that future events in the series will delve deeper into issues that hit home for most Bermudians — particularly the cost of electricity and how rates are structured.
“We touched on it, yes, but it deserves its own space because it’s a complex issue,” he said. “What we want people to know is that Belco is made up of over 200 hardworking, Bermudian employees who care deeply about the work they do. We’re not some faceless machine. We’re part of the community.”
As Bermuda stands at a critical inflection point in its energy journey — balancing economic realities, technological advancements, and climate concerns — Belco’s push for open dialogue could not be more timely.
With more events to come, “The Energy Equation” promises to be more than a corporate campaign — it’s shaping up to be a necessary national conversation.
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