Ceneco: Power rate hike looms

-A A +A

Friday, December 13, 2013

ELECTRICITY rates are expected to increase this December as the manual load dropping (MLD) will continue due to the unstable power supply, said Arnel Lapore, board president of the Central Negros Electric Cooperative (Ceneco).

The MLD requires scheduled brownouts, because electricity supply is still insufficient due to the damage brought by Super Typhoon Yolanda to power lines across the Visayas.

"It’s going to be a minimal increase only unlike the one imposed by Meralco in Manila which is subject to protest by its consumers,” Lapore said.

He added that because of limited supply of power from Unified Leyte geothermal power plant, Ceneco buys power from the Wholesale Electricity Spot Market (WESM).

The exact amount of increase would be determined on December 16 when Ceneco will receive its bills from the power generators, Lapore said.

He said consumers of the Negros Occidental Electric Cooperative (Noceco), which serves residents of southern Negros, and VMC Rural Electric Cooperative (Vresco), which distributes power supply to northern Negros, are also bracing for rate increase.

Lagarde said that in 2013, Ceneco has imposed a decrease in power rate seven times and increased its rates only three times.

Ceneco has existing bilateral power supply contracts with Kepco-Salcon Power Corp., Unified Leyte and Green Core Geothermal Inc.

Published in the Sun.Star Bacolod newspaper on December 13, 2013.

Local news

DISCLAIMER: Sun.Star website welcomes friendly debate, but comments posted on this site do not necessary reflect the views of the Sun.Star management and its affiliates. Sun.Star reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules: Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent and respectful. Do not shout or use CAPITAL LETTERS!
2013 Bar results out

FOREX: US$ 1.00 = PhP 44.420

Bangko Sentral ng Pilipinas

Philippine Lotto Results

Gamesort iconCombinations
Swertres Lotto 11AM8-9-8
Swertres Lotto 4PM4-5-2
Swertres Lotto 9PM6-0-7
EZ2 Lotto 9PM04-02

Today's front page


Other front pages

Sun.Star Jobs
  • Sinulog
  • ePaper
  • goodearth
  • Philippine Polls
  • Festivals
  • Sunstar Multimedia
  • Habemus Papam
  • SunStar Celebrity
  • Technology
  • Pnoy
  • Obituary
  • Sun.Star Zup!
  • Calamity Report
  • tell it to sunstar
  • Pacman blog
  • Filipino Abroad