
CENECO aims to reduce power rates by P1 per KWh by June
Central Negros Electric Cooperative acting general manager, Danny Pondevilla, said today, January 14, that he is aiming to reduce CENECO’s power rates by P1 per KWh by June.Pondevilla, at a press conference, reiterated that his two priorities are to reduce power interruptions and rates at the cooperative.Power rates can be lowered by ensuring that power supply contracts of the cooperative are based on thorough studies by experts, among several other measures, he said.Excess power purchased by CENECO will lead to higher rates for consumers, he said.CENECO’s contract with KEPCO for 40 megawatts of power will expire by May, he said. Instead of 40 megawatts, Ceneco will conduct a competitive bidding for a 20-megawatt contract that is the reasonable amount needed by the cooperat...









