
2 electric cooperatives’ rates drop in February
The residential rate of Central Negros Electric Cooperative (CENECO) for February is down P0.2301 per kilowatt hour, while Negros Occidental Electric Cooperative’s (NOCECO) dropped by P1.8241/kWh.The CENECO average residential rate for February is P14.8756/kWh, a decrease of P0.2301/kWh, from last month’s rate of P15.1057/kWh, its acting general manager Arnel Lapore said Friday, February 17.Lapore attributed the decrease to the total net reduction in generation charges by 1.25 percent to the downward adjustment of about P2.3385/kWh in the average Wholesale Electricity Spot Market (WESM) price from P9.3732/kWh to P7.0347/kWh, and the decrease in Palm Concepcion Power Corporation (PCPC) fuel cost from P9.03/kWh to P7.87/kWh.The PCPC gave a fuel discount of P0.30/kWh for the Janua...









