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CENECO MARCH RESIDENTIAL RATES DOWN BY P.1.2020/kWH

CENECO MARCH RESIDENTIAL RATES DOWN BY P.1.2020/kWH

Central Negros Electric Cooperative, Inc. informs its electricity consumers that the average residential rate for the billing month of March 2023 is 𝗣𝟭𝟯.𝟲𝟳𝟭𝟲/𝗸𝗪𝗵, a decrease of P1.2040/kWh, from last month’s rate of P14.8756/kWh.


The P1.2040/kWh rate decrease is attributed to the following:


*Decrease in Palm Concepcion Power Corporation (PCPC) 20MW fuel cost from P7.87/kWh to P4.19/kWh or a downward adjustment of P3.68/kwh;

 
*Decrease in PCPC 35MW fuel cost from P9.9440/kWh to P9.6821/kWh or a downward adjustment of P0.2619/kwh; and

 
*PCPC extended fuel discount of P1.05/kWh for the February 2023 billing for 35MW Power Supply Agreement.


The pass-through charges equivalent to P12.4850/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 (RFSC).

 
Since 2010, CENECO’s DSM and RFSC rate has not changed.

 
𝗠𝗲𝗮𝗻𝘄𝗵𝗶𝗹𝗲, 𝘁𝗵𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 (𝗘𝗥𝗖), 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗥𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗡𝗼. 𝟬𝟮 𝗦𝗲𝗿𝗶𝗲𝘀 𝗼𝗳 𝟮𝟬𝟮𝟯, 𝗿𝗲𝘀𝗼𝗹𝘃𝗲𝗱 𝘁𝗼 𝗮𝗽𝗽𝗿𝗼𝘃𝗲 𝗮𝗻𝗱 𝗮𝗱𝗼𝗽𝘁 𝘁𝗵𝗲 𝗲𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘁𝗲𝗺𝗽𝗼𝗿𝗮𝗿𝘆 𝘀𝘂𝘀𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗙𝗲𝗲𝗱-𝗜𝗻 𝗧𝗮𝗿𝗶𝗳𝗳 𝗔𝗹𝗹𝗼𝘄𝗮𝗻𝗰𝗲 (𝗙𝗜𝗧-𝗔𝗟𝗟) 𝗳𝗼𝗿 𝗮 𝗽𝗲𝗿𝗶𝗼𝗱 𝗼𝗳 𝘀𝗶𝘅 (𝟲) 𝗺𝗼𝗻𝘁𝗵𝘀, 𝘀𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟯 𝘂𝗻𝘁𝗶𝗹 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮𝟬𝟮𝟯 𝗯𝗶𝗹𝗹𝗶𝗻𝗴 𝗺𝗼𝗻𝘁𝗵𝘀, 𝘂𝗻𝗹𝗲𝘀𝘀 𝗹𝗶𝗳𝘁𝗲𝗱 𝗲𝗮𝗿𝗹𝗶𝗲𝗿 𝗯𝘆 𝘁𝗵𝗲 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗮 𝘀𝘂𝗯𝘀𝗲𝗾𝘂𝗲𝗻𝘁 𝗿𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻.


In monitoring the monthly electricity usage, consumers are advised to look at their kilowatt-hour consumption and not on the bill amount since it varies depending on the pass-through charges as shown above.


While the world market fuel prices remain volatile, hence adversely affecting electricity rates, CENECO Board and Management continue to remind its electricity consumers to conserve energy to avoid paying high electricity bills.


(SGD.) ATTY. ARNEL L. LAPORE
NEA PS/Acting General Manager

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