Press Release
NOCECO ELECTRICITY RATES
Increase in Rates as Ancillary Services Rates Increases
This is to inform our Member-Consumer-Owners (MCOs) of the Php 14.5625/kWh electricity rate for the billing month of February 2025. The overall rate increased by Php 0.3409/kWh.
The primary driver of this increase is the continuous rise in the cost of Ancillary Services, as reflected in the NGCP bill, which increased by Php 0.4942/kWh. Ancillary Services are essential for maintaining the stability and reliability of the power grid.
While fluctuations in foreign exchange rates impacted the effective rates from some of our power suppliers (PCPC, GNPOWER, and KSPC), these were offset by lower energy purchase costs in the spot market. This resulted in a decrease of Php 0.1674/kWh in the generation charge. Additionally, an increase in Universal Charges is being implemented in accordance with the Order for ERC Case No. 2024-036 RC.

We understand that any increase in electricity costs can be a concern, and we want to assure you that we are working diligently to manage these fluctuations. We encourage everyone to be mindful of their electricity consumption, as this can directly impact your bill.
NOCECO's Distribution, Supply, and Metering (DSM) charges have remained stable since February 2010. This means that despite the changes in other components of your bill, DSM charges remain consistent.
NOCECO remains committed to providing reliable electricity service at the most affordable cost possible. We are continually seeking solutions to minimize the impact of fluctuating electricity prices on our valued MCOs.
Signed
ENGR. DOMINGO S. SANTIAGO, JR.
Project Supervisor / Acting General Manager