2 NegOcc electric coops cut rates for April

Two electric cooperatives in Negros Occidental reduced power rates for the month of April.

This month, Central Negros Electric Cooperative (Ceneco) has a rate of P11.1044 per kilowatt hour (kWh), lower by P0.0989 per kWh compared to last month’s P11.2033.

Roel Venus, chief of the Consumer Services Division, said the total rate includes the 89.31 percent pass-through charges, which is equivalent to P9.9178 per kWh.

Pass-through charges comprise generation and transmission charges, adjustments approved by the Energy Regulatory Commission (ERC), and government subsidies and taxes.

The remaining 10.69 percent or P1.1866 per kWh goes to Ceneco, Venus said.

These include distribution, supply and metering (DSM), re-investment fund for sustainable capex (RFSC), and administrative and operational services.

Venus said that since 2010, the rates for both the DSM and RFSC have remained steady.

“We advise consumers to look at their kilowatt consumption and not the amount of their monthly bills,” he added.

The Northern Negros Electric Cooperative (Noneco) reported a rate of P11.5618 per kWh this month, lower by P0.2321 per kWh from last month’s P11.7939.

Paulino Almedelia, corporate planning department manager, said the decrease can be attributed to the reduction of P0.1569 per kWh in generation cost.

The Wholesale Electricity Spot Market (WESM) power bill has a significant net settlement surplus refund, he noted.

Almedelia said the transmission and systems loss charges decreased by P0.0881 per kWh while other charges also dropped by P0.0129 per kWh.

On the other hand, Negros Occidental Electric Cooperative (Noceco) registered an increase of P0.7120 per kWh — from P10.4370 per kWh in March to P11.1490 per kWh in April.

General manager Jonas Discaya said the main driver of the higher rate is the P0.4430 per kWh increase in the generation charge, which went up to P5.9317 from the previous month’s P5.4887.

The WESM, which supplies a portion of Noceco, had higher cost of energy charge, he added.

There were also upward movements in systems loss, subsidy and value-added tax rates, as well as in Universal Charge Stranded Debt.

Discaya, however, said transmission charge registered a decrease of P0.0275 per kWh.PNA


Please enter your comment!
Please enter your name here