Noceco, Ceneco reduce power rates for April

Erwin P. Nicavera

MAJORITY of electric consumers in Negros Occidental may incur lower electric bills this month of April as two of the three power cooperatives in the province reduced their rates.

The Negros Occidental Electric Cooperative (Noceco), which caters to consumers in southern portion of the province, from Pulupandan to Hinoba-an, reported a drop of P0.26 per kilowatt hour (kWh) for April.

From March's rate of P9.0524 per kWh, the cooperative's rate this month is only P8.7852 per kWh.

Noneco general manager Jonas Discaya said the main driver of the lower electricity rate this month is the P0.2374 per kWh decrease in the generation charge, from P4.6809 to P4.4435 per kWh.

Discaya said the reduction in generation charge resulted from the lower electricity prices in the Wholesale Electricity Spot Market, and of Palm Concepcion Power Corp. from which Noceco obtained a portion of its power supply.

The systems loss also registered a reduction of P0.0452 per kWh. However, transmission charge and subsidy rates registered a minimal increase of P0.0076 per kWh and P0.0077 per kWh, respectively.

“The utility’s distribution, supply, and metering charges remain unchanged despite the increase in the overall electricity rate this month, Discaya pointed out.

The Central Negros Electric Cooperative (Ceneco), which caters to most number of consumers in the province, also reported a decrease of P0.31 per kWh in its power rate this month.

From P11.16 per kWh in March, its rate went down to P10.85 per kWh in April.

Ceneco president Arnel Lapore said the reduction can be attributed to downward adjustments in prices of fuel and electricity demand.

The downward movements on generation and transmission charges are also major drivers of the decrease in the power rate, Lapore added.

Ceneco covers the cities of Bacolod, Bago, Talisay and Silay, and the towns of Murcia and Salvador Benedicto.

The Northern Negros Electric Cooperative (Noneco), catering to the remaining cities and municipalities in the province, reported an increase of P0.2404 per kWh in its current power rate.

From P11.3652 per kWh in March, the rate went up to P11.6056 per kWh.

The increase is mainly attributed to an additional P0.1185 per kWh in generation charge. Its transmission and other charges also increased by P0.0238 and P0.0981, respectively.