Power rate up 46 cents-A A +A
Tuesday, April 22, 2014
THE Central Negros Electric Cooperative Inc. (Ceneco) announced on Monday a 46-centavo increase in its residential rate for April 2014 billing.
This month’s charges will be at P9.9224 per kilowatt hour, up by P0.4596 per kWh from the March rate of P9.4628 per kWh, Ceneco general manager Sulpicio Lagarde Jr. said.
He added that generation charges contributed an increase of 7.29 percent due to Must Run Unit (MRU) and Price Substitution Adjustment (PSA) in the Wholesale Electricity Spot Market (WESM) for the billing months of November and December 2013 as cited in Energy Regulatory Commission Case No. 2014-021 MC.
Also, average transmission rate increased by 9.76 percent. Other factors that contributed to the increase are line rental and systems loss charges.
For April 2014 billing, residential consumers with consumption of 100 kilowatt hours will have an increase charge of P45.96 in their electric bills.
The Ceneco Board and Management reiterated their call to the consumers to conserve energy to avoid paying high electricity bills.
Ceneco’s coverage areas include the cities of Bacolod, Bago, Talisay and Silay, and the municipalities of Murcia and Salvador Benedicto. (NLG)
Published in the Sun.Star Bacolod newspaper on April 22, 2014.