The residential rates for April of the Negros Occidental Electric Cooperative that supplies power from Pulupandan to Hinoba-an towns in the southern part of the province, have increased by 50 centavos per kilo watt hour, an official of the electric firm confirmed Saturday.
Shiela Marie Gerosa, officer-in-charge of the corporate planning division of NOCECO, said that from P9.8166 per kilowatt hour in March, the residential rate is now P10.3210 per kilowatt hour.
Gerosa said that since KEPCO-SPC Power Corporation was down for at least 17 days last month, they supply only 5 megawatts instead of 10 so NOCECO had to get the needed electricity from the Wholesale Electricity Spot Market.
When the power demand of an electricity firm is high, she said WESM also hikes the electricity price resulting in NOCECO paying extra amounts and to compensate for that, the residential rates were increased.
While the residential rates of NOCECO increased, that of the Northern Negros Electric Cooperative did not have any movement, NONECO manager Dan Pondevilla said.
Last week, the Central Negros Electric Cooperative Inc. announced that the residential rate for April 2015 billing period decreased by P0.0294 per kilowatt-hour, or P10.0356/kWh from last month's P10.0650/kWh, its press release said.
The drop was attributed to the decrease in average transmission rate by 0.94 percent compared to the previous month, Chuchie Destriza, OIC general manager of Ceneco, said.
The P0.0294/kWh decrease will translate into P2.94 savings on electricity bill for household customers consuming 100kWh each month. For those averaging 200 and 300 kWh per month, savings can be P5.88 and P8.82, respectively.*APN
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