The Central Negros Electric Cooperative Inc. said the average residential rate this month is P11.0612 per kilowatt-hour, or a decrease of P0.0741/kWh, from last month’s rate of P11.1353/kWh.
Danny Pondevilla, project supervisor/acting general manager of Ceneco, said on the FB post of the coop today, May 28, that the P0.0741/kWh rate decrease can be attributed to the reduction in generation, transmission, system loss charges, and other pass-through charges.
These include lifeline and senior citizens discount, Generation Rate Adjustment Mechanism-Incremental Currency Exchange Rate Adjustment, or GRAM ICERA adjustment, and value-added tax.
The pass-through charges, equivalent to P9.8746/kWh of the total power rate, include the Generation and Transmission charges, ERC-approved adjustments, and government subsidies and taxes.
Only P1.1866/kWh of the power rate goes to Ceneco through distribution, supply, metering (DSM) charges, and reinvestment fund for sustainable Capex (RFSC), for its administrative and operational services.
Pondevilla added that since 2010, the DSM and RFSC rates of Ceneco have not increased.
Consumers are advised to look at their kilowatt-hour consumption and not the amount in their bill, as this may vary, depending on the pass-through charges.
The Ceneco Board and Management reiterated that electricity consumers should conserve energy to avoid paying high electricity bills.//
