Press Release
NOCECO ELECTRICITY RATES
NOCECO Electricity Rates Decrease Due to Lower Generation Rates
This is to inform our Member-Consumer-Owners of the rate reduction in the September 2023 power rates. The Php 0.0542 per kWh drop in the total electricity rates is driven by the total generation charge which decreased by Php 0.0793 per kWh as compared to last month. The main factor in the reduction in generation charge is the Php 0.3257 per kWh decrease in the energy cost from Palm Concepcion Power Corporation (PCPC) from its previous power cost of Php 9.4491 per kWh. This is the third consecutive month that overall electricity rates have decreased.

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 conserve energy and 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.
(SGD.) RAY V. BUSTAMANTE
General Manager