CENECO announces that the residential electricity rate for November 2023 increased to P11.7448/kWh from last month’s rate of P11.0237.

For this year, the Coop’s electricity rate has gone down for eight months while the increase was in May and this month only.

The increase of P0.7211/kWh is mainly attributed to the total Generation Charges due to increase in Wholesale Electricity Spot Market (WESM) price.

(𝘗𝘭𝘦𝘢𝘴𝘦 𝘴𝘦𝘦 𝘗𝘳𝘦𝘴𝘴 𝘙𝘦𝘭𝘦𝘢𝘴𝘦 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘤𝘰𝘮𝘱𝘢𝘳𝘢𝘵𝘪𝘷𝘦 𝘵𝘢𝘣𝘭𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘶𝘯𝘣𝘶𝘯𝘥𝘭𝘦𝘥 𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘳𝘢𝘵𝘦𝘴 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘣𝘪𝘭𝘭𝘪𝘯𝘨 𝘮𝘰𝘯𝘵𝘩𝘴 𝘰𝘧 𝘕𝘰𝘷𝘦𝘮𝘣𝘦𝘳 𝘢𝘯𝘥 𝘖𝘤𝘵𝘰𝘣𝘦𝘳 2023.)

The pass-through charges equivalent to 10.5582/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 (RFSC).

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

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.

CENECO Board and Management continue to remind its electricity consumers to conserve energy to avoid paying high electricity bills.

(SGD.) ATTY. ARNEL L. LAPORE
Acting General Manager