Saturday August 18, 2018

Negros Electric Cooperative drops power rate in May

LIKE two other power distribution utilities in the province, the Northern Negros Electric Cooperative (Noneco) also has lower power rate this month.

Noneco, which caters to consumers in the northern portion of the province, from E.B. Magalona to San Carlos City, reported a decrease of almost P0.78 per kilowatt hour (kWh).

From P12.43 per kWh in April, the power rate dropped to P11.65 per kWh in May.

Paulino Almedelia, Noneco's corporate planning department manager, said the lower rate is attributed to decreases in generation, transmission, and other charges totalling to P0.7789 per kWh.

Almedelia said generation charge dropped by P0.4981 per kWh; transmission - P0.1588 per kWh; and other charges - P0.1229 per kWh.

The Central Negros Electric Cooperative (Ceneco) earlier announced reductions of P0.7191 per kWh, and P0.7135 per kWh for "affected and unaffected" consumers, respectively.

"Affected" consumers are those covered by recoveries from three power generation utilities such as Power Sector Assets and Liabilities Management Corporation, Kepco Salcon Power Corporation, and Energreen Development Corporation.

Ceneco caters to the largest number of electric consumers in the province, covering cities of Bacolod, Bago, Talisay and Silay, and towns of Murcia and Salvador Benedicto.

Negros Occidental Electric Cooperative (Noceco), meanwhile, has a decrease of P0.50 per kWh.

It caters to localities in the southern portion of the province, from Pulupandan to Hinoba-an.

Like Ceneco, the lower rate of Noceco is also attributed to decreases in generation, transmission, and other charges.