Central Negros Electric Cooperative announced on Friday that its average residential rate for the billing month of September is P12.2602/kWh, a decrease of P0.1122/kWh, from last month’s rate of P12.3724/kWh.
The P0.1122/kWh rate decrease can be attributed to the reduction in generation, transmission, system loss charges and other pass through charges such as Lifeline and Senior Citizens Discount, GRAM ICERA adjustment and VAT, Danny Pondevilla, CENECO acting general manager, said in a press release.
The pass-through charges equivalent to P11.0736/kWh of the total power rate include the Generation and Transmission charges, ERC-approved adjustments, government subsidies and taxes. Only P1.1866/kWh of the power rate goes to CENECO through Distribution, Supply, Metering (DSM) Charges and Reinvestment Fund for Sustainable CAPEX (RFSC) for its administrative and operational services, Pondevilla said.
Since 2010, CENECO’s DSM and RFSC rate has not increased, he added.
In monitoring the monthly electricity usage, consumers are advised to look at their kilowatt-hour consumption and not the amount. The amount may vary depending on the pass-through charges as shown above, he said.*