Ceneco cuts residential rates for January

BACOLOD City – Central Negros Electric Cooperative, Inc. (CENECO) said the residential rate for the billing month of January 2020 is P10.4007 per kilowatt-hour (kWh), a decrease of P0.0671/kWh from P10.4678/kWh in December 2019.

Engr. Jose Tanio, Ceneco OIC-general manager, said the decrease was due to the reduction in generation, transmission, and system loss charges.

The pass-through charges (equivalent to P10.4007/kWh of the total power rate) include the Generation and Transmission charges, Energy Regulatory Commission (ERC)-approved adjustments, government subsidies, and taxes.

Only P1.1866/kWh of the power rate goes to CENECO through Distribution, Supply, Metering (DSM) Charges and Reinvestment Fund for Sustainable CAPEX (RFSC) for its administrative and operational services.

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

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

Despite the decrease in this month’s billing, CENECO Board and Management continue to remind its electricity consumers to conserve energy to avoid paying high electricity.