ANNOUNCEMENTS
CENECO JULY RESIDENTIAL RATE DOWN BY P1.1902/kWh
Central Negros Electric Cooperative, Inc. informs its electricity consumers that the average residential rate for the billing month of July 2023 is Php 11.5933/kwh, a decrease of Php 1.1902/kWh, from last month’s rate of Php 12.7835/kWh.
The Php 1.1902/kWh rate decrease is attributed to the following:
◼️ Generation charges decrease by 11.22% as compared to previous month due to decrease in WESM price from Php 9.6952/kWh to Php 7.7711/kWh or a downward adjustment of Php 1.9241/kWh.
◼️ Decrease in other pass-through charges such as Lifeline, Senior Citizen and VAT.
The pass-through charges equivalent to P11.5933/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.
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
Acting General Manager
