The Northern Negros Electric Cooperative announced a P1.24 per kilowatt-hour increase in its electricity rates from P13.7988/kWh in August to P15.0410/kWh in September.
NONECO, in a press release, said that the P1.2422 or 9 percent increase in the electricity rates is primarily attributed to the increase in the Wholesale Electric Spot Market price by P0.5452, from P9.0412 to P9.5864/kWh.
The increase in the rates of the ancillary services of the National Grid Corporation of the Philippines were also cited by NONECO.
Last week Central Negros Electric Cooperative also announced an increase in its rates by 85 centavos per kilowatt-hour, from P10.8380/kWh to P11.6884/kWh.
The Negros Occidental Electric Cooperative also announced a hike of P1.48/kWh, from P13.0620/kWh in August to P14.5465/kWh this month.
The electric cooperatives urged their member-consumers to conserve energy to avoid paying high electricity bills.*