Tuesday, October 26, 2021

Noneco power rate up in September

NEGROS OCCIDENTAL. The Northern Negros Electric Cooperative announces an increase of almost P0.15 per kilowatt hour in its power rate for September 2021. (Contributed photo)

THE Northern Negros Electric Cooperative (Noneco) has announced an increase of almost P0.15 per kilowatt-hour (kWh) in its power rate for September 2021.

The power distribution utility, covering the areas from EB Magalona to San Carlos City, reported that its September residential rate is P13.9704 per kWh.

This is higher than P13.8213 per kWh in August this year.

The cooperative’s generation, transmission and systems loss charges are totaled to P10.6504 per kWh, while its Distribution Supply and Metering charge is P1.6109 per kWh.

Other components of Noneco’s power rate for this month included universal charges and value-added tax (VAT) worth P1.3228 per kWh and other charges amounting to P0.0959 per kWh.

It said the increase in the generation rate is attributed to the high cost of electricity in the Wholesale Electricity Spot Market (Wesm) with a price of P10.1628 per kWh originating from the damaged submarine cable of the National Grid Corp. of the Philippines (NGCP).

“Due to the increase of fuel fee of Palm Concepcion Power Corp. (PCPC) from P2.7827 to P3.6168, or an increase of P0.8341 per kWh,” it added.

Earlier, Central Negros Electric Cooperative (Ceneco) has announced a power rate drop for September two consecutive months of having higher electricity costs.

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

The cooperative, in advisory, said its average residential rate for this month's billing is P12.2602 per kWh.

The figure is P0.1122 per kWh lower than last month's rate of P12.3724 per kWh.

Laywer Dan Pondevilla, acting general manager and project supervisor of Ceneco, said the P0.1122 per kWh decrease can be attributed to the reduction in generation, transmission, systems loss charges and other pass-through charges such as Lifeline and Senior Citizens Discount, Generation Rate Adjustment Mechanism (Gram) and Incremental Currency Exchange Rate Adjustment (Icera) adjustment, and VAT.

The pass-through charges equivalent to P11.0736 per kWh of the total power rate include the generation and transmission charges, Energy Regulatory Commission (ERC)-approved adjustments, government subsidies and taxes, he added.

The remaining areas in the province, from Pulupandan to Hinoba-an, are catered by the Negros Occidental Electric Cooperative (Noceco).

The utility has yet to announce its rate for this month.


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