Tag: Northern Negros Electric Cooperative

3 NegOcc electric coops hike rates for February

BACOLOD CITY — The three electric cooperatives in Negros Occidental increased their power rates for the month of February, data from their respective offices as of Wednesday showed.

The Central Negros Electric Cooperative (Ceneco) confirmed an increase of PHP0.14 per kilowatt hour (kWh) — from last month’s rate of PHP11.3527 to PHP11.4991 for the current month.

In an advisory, Ceneco said the increase is attributed to adjustments in pass-through charges, including the generation, transmission, Energy Regulatory Commission (ERC)-approved adjustments, government subsidies and taxes.

Pass-through charges comprised 89.68 percent of the entire rate while the remaining 10.32 percent accounts for the cooperative’s distribution, supply, metering and reinvestment fund for sustainable capital expenditures.

Ceneco serves the largest number of consumers in Negros Occidental, including those in the cities of Bacolod, Bago, Talisay and Silay, and towns of Murcia and Salvador Benedicto.

In the south, the Negros Occidental Electric Cooperative (Noceco) announced an increase of PHP0.16 per kWh, with a current rate of PHP10.5912 from January’s PHP10.4275.

Noceco general manager Jonas Discaya said the main driver of higher electricity rate this month is the PHP0.5118 increase in the generation charge, which moved from PHP5.1655 to PHP5.6773 per kWh.

This resulted from the higher energy charge of Wholesale Electricity Spot Market (WESM) which provides Noceco a portion of its power supply, he added.

Noceco, however, registered a decrease of PHP0.0218 and PHP0.0175 in the transmission and systems loss charges, respectively.

The subsidy rates and value-added tax rates also registered a total reduction of PHP0.1150 per kWh.

Another factor that cushioned the impact of the overall rate increase is the removal of the PHP0.1938 per kWh universal charge-stranded contract cost (UC-SCC).

The Power Sector Assets and Liabilities Management Corp. has advised to stop the charging of UC-SCC, the cooperative said.

The Northern Negros Electric Cooperative (Noneco) also projected an increase in its power rate for February.

Paulino Almedelia, corporate planning head of Noneco, said the cooperative might effect an increase of about PHP0.39 per kWh due to the increase in WESM price. (PNA)

Source: http://www.pna.gov.ph/articles/1062447

Power rates in NegOcc up in January

BACOLOD CITY — Power rates in Negros Occidental increased for the month of January, based on reports from all three electric cooperatives in the province.

The Central Negros Electric Cooperative (Ceneco) announced that this month’s rate is pegged at PHP11.3527 per kilowatt hour (kWh), higher by PHP0.1717 compared to last month’s rate of PHP11.1810.

Sulpicio Lagarde Jr., general manager of Ceneco, said in an advisory that the rate includes pass-through charges, such as generation and transmission charges, Energy Regulatory Commission (ERC) – approved adjustments, government subsidies, and taxes.

These account for 89.55 percent or equivalent to PHP10.1661 per kWh of the total electricity bill while the 10.45 percent, or PHP1.1866 per kWh, goes to Ceneco’s distribution, supply, metering and Reinvestment Fund for Sustainable Capital Expenditures (Capex) for its administrative and operational services.

“In monitoring the monthly electricity usage, consumers are advised to look at their kilowatt hour consumption instead of the amount as it may vary depending on the pass-through charges,” Lagarde said.

In the south, the Negros Occidental Electric Cooperative (Noceco) posted a January rate of PHP10.4275 per kWh, with an increase of almost PHP0.19 from December’s PHP10.2394 per kWh.

Noceco general manager Jonas Discaya said the main driver of the higher electricity rate is the PHP0.1296 per kWh increase in the generation charge.

Discaya said the systems loss and subsidy rates registered an increase of PHP0.0404 and PHP0.0094, respectively while the value-added tax charges also rose by PHP0.0518 per kWh.

The transmission rate, however, registered a minimal reduction of PHP0.0431 per kWh.

The Northern Negros Electric Cooperative (Noneco) reported an increase of PHP0.2931 per kWh from last month’s PHP11.2996, charging PHP11.5926 per kWh for January.

Paulino Almedelia, corporate planning head of Noneco, said the current month’s rate resulted from generation cost fluctuation of PHP0.3265, and increase in transmission and systems loss costs by PHP0.0782 per kWh. (PNA)

Source: http://www.pna.gov.ph/articles/1059791