BACOLOD City – Reduction in generation cost has brought down residential power rates in three electric cooperatives in Negros Occidental for January.
The Central Negros Electric Cooperative (Ceneco) on Monday announced its rate for the billing month of January has decreased by P0.0671 per kilowatt-hour (kWh) – from P10.4678 in December to only P10.4007 in January.
Jose Taniongon, officer-in-charge of the Office of the General Manager, said the P0.0671/kWh rate is due to the reduction in generation, transmission and system loss charges.
He added that despite the decrease in the current month’s billing, consumers should still conserve energy to avoid paying high electricity bills.
Meanwhile, the Northern Negros Occidental Electric Cooperative (Noneco) reported a drop in its power rate by P0.0391/kWh – from P11.0703 in December to P11.0312 in January.
Paulino Almedelia, corporate planning manager of Noneco, said this month’s lower generation cost amounted to only P0.1169/kWh although the transmission and systems loss charges increased by a total of P0.0218/kWh.
He added the minimal decrease was due to the net fluctuation brought by the decrease in generation cost and an increase in transmission cost.
“The decrease in generation is minimal commensurate to the decrease in the Wholesale Electricity Spot Market price,” Almedelia said.
Meanwhile, the Negros Occidental Electric Cooperative (Noceco) also reported a reduction in its January power rate of P0.5418/ kWh – from last month’s P10.8869 to P10.3451 in the current billing.
Noceco general manager Jonas Discaya said the lower electricity rate this month can be attributed to the P0.3393/kWh reduction in the generation charge – from P5.8864 in December to P5.5471 in January.(With a report from PNA/PN)