The Central Negros Electric Cooperative said Nov. 17 that its residential electricity rate for November increased by P0.7211 per kilowatt-hour, which means that consumers will pay P11.74/kWh from last month’s rate of P11.02/kWh.
Atty. Arnel Lapore, Ceneco acting general manager, said the rate hike “is mainly attributed to the total generation charges, due to the increase in the Wholesale Electricity Spot Market (WESM) price.”
Lapore said the pass-through charges, equivalent to P10.5582/kWh of the total power rate, include the generation and transmission charges, ERC-approved adjustments, government subsidies, and taxes.
Only P1.1866/kWh of the power rate goes to Ceneco through Distribution, Supply, Metering (DSM) charges for its administrative and operational services, and Reinvestment Fund for Sustainable Capex; the DSM and RFSC rate have not changed since 2010, he added. ||
