Ceneco rates down in September

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A minimal P0.1122 per kilowatt-hour will be deducted from the September billing of member-consumers of the Central Negros Electric Cooperative.

Atty. Danny Pondevilla, Ceneco project supervisor and acting general manager, said Sept. 17 that the average residential rate for September is P12.2602/kWh, from last month’s rate of P12.3724/kWh.

The decrease can be attributed to the reduction in the generation, transmission, system loss charges and other pass through charges, such as lifeline and senior citizens discount, GRAM ICERA or Generation Rate Adjustment Mechanism Incremental Currency Exchange Rate Adjustment, and value-added tax.

The pass-through charges, equivalent to P11.0736/kWh of the total power rate, include the generation and transmission charges, ERC-approved adjustments, government subsidies, and taxes, Pondevilla said.

Only P1.1866/kWh of the power rate goes to Ceneco, through the Distribution, Supply, Metering (DSM) Charges and Reinvestment Fund for Sustainable CAPEX for its administrative and operational services, he added.

Pondevilla stressed that Ceneco’s DSM and RFSC rate has not increased since 2010.

“In monitoring the monthly electricity usage, consumers are advised to look at their kilowatt-hour consumption and not the amount, as this may vary depending on the pass-through charges,” he added.- CGC