Ceneco: Not all will have refund

BY MAE SINGUAY

Tuesday, November 14, 2017

BACOLOD City – About 1,000 member-consumers of the Central Negros Electric Cooperative (Ceneco) will not avail themselves of the P0.222 per kilowatt-hour (kWh) refund reflected on the Nov. 15 power bill.

Ceneco general manager Sulpicio Lagarde said these include the new member-consumers who were billed starting Oct. 16.

Lagarde explained that the new member-consumers did not pay for the recovery charge that the electric cooperative collected after the Energy Regulatory Commission (ERC) released an order on June 20.

The order authorized Ceneco and other power cooperatives in the country to collect a monthly recovery charge of P0.222 per kWh for 60 months until an amount of P853,371,962.67 is accumulated.

According to the ERC, the accumulated amount was for the automatic cost recovery mechanism true-up adjustment.

Ceneco’s October power bill reflected the charge as “recovery of the generation rate adjustment mechanism and incremental currency exchange rate adjustment by the Power Sector Assets and Liabilities Management.”

On Oct. 19, the ERC issued another order that deferred the previous one.

In response, the Ceneco board passed a resolution requesting the Ceneco management to return the P0.222 per kWh additional charge that some member-consumers already paid.

Ceneco was currently filtering the recipients of the refund through its management information system.

Ginautihan gid sang amon information technology (personnel) para nga ang dapat tagaan sang refund maka-avail,” said Lagarde./PN