
Power rates up 22 centavos for September, Ceneco says
CENECO photoThe average residential rate of Central Negros Electric Cooperative (CENECO) for September is P15.6983/kWh, an increase of P0.2211/kwh, from last month’s rate of P15.4772/kwh, its acting general manger Erwin Stan Leo Ticar said Monday, September 19.He attributed the P0.2211/kWh rate hike to the increase in generation, transmission and system loss charges.The increase was because of an error in the metering data of the National Grid Corporation of the Philippines (NGCP) for the billing period of January 26 to February 25, which triggered the corresponding adjustment that resulted to an increase in the Wholesale Electricity Spot Market (WESM) power cost, he said.The pass-through charges equivalent to P14.5117/kWh of the total power rate include the Generation and ...









