• GILBERT P. BAYORAN
The Central Negros Electric Cooperative/Negros Electric and Power Corp. (Negros Power/NEPC) has the lowest power rate in Negros Island Region for the month of September despite the increase in generation charge.
Negros Power spokesman Jonathan Cabrera said yesterday that their residential rate remains at P11.70 per kilowatt hour (kWh).
In Negros Island Region, the Negros Oriental Electric Cooperative (NORECO) 1 logged the highest residential rate at P16.69 per kWh, followed by Northern Negros Electric Cooperative, P15.04; NORECO 2, P14.41; and Negros Occidental Electric Cooperative, P14.56.
There is no increase in the distribution charge for Negros Power consumers, Cabrera said.
“Generation charges constitute a significant portion of our total electricity rates per kilowatt hour. We remain steadfast in our commitment to efficient electricity supply trading in the market, ensuring that we secure the most competitive prices to deliver affordable rates to our consumers,” he added.
In Panay Island, MORE Power Iloilo, sister company of Negros Power, offers the lowest residential rate at P12.61 per kWh due to its efficient power procurement practices, Cabrera noted.
Both MORE Power and Negros Power have also the lowest generation rates of P6.76 and P7.29, respectively. | GB
