While oil firms are set to implement a big-time rollback tomorrow, September 20, the Central Negros Electric Cooperative (CENECO) announced another increase in its per kilowatt charges.
Its acting general manger Erwin Stan Leo Ticar said an increase of P0.2211/kwh will be implemented this September, bringing the average residential rate for September to P15.6983/kWh, from the previous month’s rate of P15.4772/kwh.
The additional P0.2211/kWh rate hike was attributed to the increase in generation, transmission and system loss charges.
Of the new rate, P14.5117/kWh represents the pass-through charges to include the Generation and Transmission charges, ERC-approved adjustments, government subsidies and taxes, Ticar said.
CENECO’s direct charge remains at P1.1866/kWh covering Distribution, Supply, Metering (DSM) Charges and Reinvestment Fund for Sustainable CAPEX (RFSC) for its administrative and operational services, he stressed.