The Negros Occidental Electric Cooperative and the Northern Negros Electric Cooperative have increased their power rates, while the Central Negros Electric Cooperative dropped its residential rate this month.
NOCECO, that caters to electric consumers in the south, from Pulupandan to Hinoba-an, increased its power rate this November by P1. 9509 per kilowatt hour.
The electric cooperative announced on its website that its current residential rate is P1 0 . 1698 per kWh from P 8 . 2189 per kWh in the previous month.
Jonas Discaya, NOCECO general manager, said the main driver of the higher electricity rates this month was the P1.5438 per kWh increase in the generation charge, from P3.6983 to P5.24.21 per kWh.
The adjustment in generation rate wa s due to the P2.1690 per kWh increase from the Wholesale Electricity Spot Market that has an average price of P4.6659 per kWh from P2.4969 per kWh in the previous month, as well as increases in the system loss rate at P0.2203 per kWh, subsidy at P0.0146 per kWh, and value-added tax in generation rate at P0.1828 per kWh.
NOCECO also pointed out that the increase in the power rates were cushioned due to the drop in the transmission rate of residential customers, VAT, the power supply agreement from Palm Concepcion Power Corporation, and the PSA from Kepco Salcon Power Corp.
Discaya said that NOCECO’s distribution, supply, and metering charges remain the same even if there’s an increase in the overall power rates this month.
NONECO also increased its residential rates this month by P 0.5883, from P 9.9388 per kWh in October to P 10.5271 per kWh this November.
Paul Almedelia, NONECO corporate planning department manager, said the rate adjustment was due to the increase in generation cost at P 0.5321 per kWh, and other rates such as taxes at P0.1428.
He noted a decrease in the transmission cost P0.0866.
NONECO serves consumers in the north, from E.B. Magalona to San Carlos City.
On the other hand, CENECO said there is a decrease of P0.2989 per kWh in its residential rate this billing month, from last month’s rate of P9.7008 per kWh to P9.4019 per kWh.
The electric cooperative said the decrease in the power rate can be attributed to the reduction in generation, transmission, and system loss charges, subsidies, and VAT.
CENECO, that serves the cities of Bacolod, Bago, Talisay, and Silay, and the towns of Murcia and Salvador Benedicto, said the pass-through charges that include the generation and transmission charges, Energy Regulatory Commission-approved adjustments, government subsidies and taxes.
Meanwhile, the electric cooperatives reminded their consumers to conserve energy to avoid paying high electricity bills.*
back to top