NOCECO Electricity Rates Decrease Due to Lower Generation Charge
This is to inform our Member-Consumer-Owners of the rate reduction in the August 2024 power rates. The Php 3.0514 per kWh decrease in the total residential electricity rates is driven by the total generation charge which reduced by Php 2.5705 per kWh as compared to last month. The main factor in the decrease in generation charge is the Php 6.3907 per kWh reduction in the energy cost from Wholesale Electricity Spot Market from its previous power cost of Php 15.0266 per kWh. Palm Concepcion Power Corporation (PCPC) and GNPower Kauswagan (GNPK) also reduced its power cost by Php 0.0372 per kWh and Php 0.1025 per kWh respectively.
NOCECO’s Distribution, Supply, and Metering (DSM) charges remain unchanged since February 2010, regardless of the monthly increase/decrease in the overall electricity rate.
MCOs are advised to be aware of their energy consumption to avoid paying high electricity bill.
We also appeal to our MCOs’ understanding as we continue to find better solutions to mitigate the impact in electricity prices being experienced by the power industry.
The NOCECO Management
Ang BIR ukon Bureau of Internal Revenue ang sa karon nagamando sa NOCECO nga para mapadayon ang “Tax Exemption ”, dapat ang tanan nga miembro ukon manug pamiembro pa lang...
NOCECO invites interested parties to apply for eligibility and to bid . For inquiries, contact the BAC Secretariat at (034) 471-3359, 471-2229 loc 214 or email at noceco_procurement@yahoo.com
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