
Ceneco power rates drop by P0.2648/kWh in October
The Central Negros Electric Cooperative residential rate for October 2022 is P15.4337/kwh, a decrease of P0.2648/kWh, from last month’s rate of P15.6985/kWh, Ervin Stan Leo Ticar, CENECO acting general manager, said Tuesday, October 18.The P0.2648/kWh rate decrease was due to the net reduction in generation, transmission and system loss charges due to the availment of a fuel discount from one of CENECO’s power suppliers as well as a decrease in the FIT (feed-in tariff)-All rate, lifeline and senior citizen subsidies, Generation Rate Adjustment Mechanism (GRAM), Incremental Currency Exchange Rate Adjustment (ICERA) and Value Added Tax, a press release from the cooperative said.The pass-through charges equivalent to P14.2471/kWh of the total power rate includes the Generation and Tra...









