Negros Electric and Power Corp. (Negros Power) said on Monday, Aug. 11, that the bill deposit is mandatory and standard requirement for all distribution utilities (DUs) in the country as mandated by the Energy Regulatory Commission.
In a statement, Negros Power has clarified the importance of bill deposits as it explained the option for bill deposit refunds amid the transition from the Central Negros Electric Cooperative (Ceneco).
Negros Power assistant vice president for customer care Maricel Pe said that it serves as a security measure to cover future electricity bills and ensure uninterrupted service.
Pe further said that new consumers who applied for connection under Negros Power have already paid their bill deposit as part of the application and energization process.
She added for former Ceneco consumers who still have an existing bill deposit with Ceneco, there is an option to apply for a refund.
“This refund option is available exclusively to former Ceneco consumers with an existing bill deposit with Ceneco,” Pe explained.
Negros Power will assist eligible former Ceneco consumers in processing their bill deposit refund.
Any refundable deposit will be coordinated with Ceneco and once approved, will be transferred directly to the consumer’s current Negros Power account, Pe said.
However, not all consumers are automatically entitled to a refund — eligibility will depend on Ceneco’s evaluation of each account.
Negros Power encourages consumers to visit their offices first as they have staff to guide them through the process, help fill out the necessary Ceneco application form for bill deposit refund, and coordinate with Ceneco on their behalf.
This process is part of the joint venture agreement between Ceneco and Negros Power, which grants Negros Power the right to follow up on all concerns of its consumers with Ceneco to ensure a smoother transition. ||
