FROM an upward adjustment of P0.2799 per kilowatt hour (kWh) in May, the Northern Negros Electric Cooperative (Noneco) reported a drop in its power rate this month.
Noneco, catering to electric consumers in the northern part of the province, from E.B. Magalona to San Carlos City, has a current power rate of P11.4598 per kWh.
The figure is P0.3820 lower than P11.8418 per kWh last month.
Paulino Almedelia, corporate planning manager of Noneco, said the drop is attributed to the decrease in generation cost of P0.2902 per kWh due to lower price at Wholesale Electricity Spot Market (Wesm).
Almedelia said the transmission cost also went down by P0.0438 per kWh.
“Other charges like taxes also decreased by P0.0480 per kWh,” he added.
In April, Noneco’s power rate was P11.5618 per kWh. This is P0.2798 per kWh lower from its rate in May.
The two other electric cooperatives in the province are Central Negros Electric Cooperative (Ceneco) and Negros Occidental Electric Cooperative (Noceco).
Ceneco caters to the largest number of consumers in the province including those in cities of Bacolod, Talisay, Silay and Bago, and towns of Murcia and Salvador Benedicto.
Noceco covers the remaining areas in the south, from Pulupandan to Hinoba-an.
Both utilities have yet to report their respective power rates for this month.