NOCECO Residential Rates Rise in August 2026 Billing
NOCECO residential customers will experience an increase of Php 1.4861/kWh in their electricity rates for the August 2026 billing period. The primary reason is the Php 2.0369/kWh increase in the generation charge, mainly due to the continued high cost of electricity purchased through the spot market (WESM), driven by generation deficiencies in the Visayas Grid. The average cost of power from IEMOP/WESM remains at approximately Php 15.18/kWh (exclusive of VAT).
The rate increase is also affected by the staggered payment arrangements previously approved for NOCECO’s May and June 2026 IEMOP/WESM bills. While NOCECO remains hopeful that WESM prices will ease in the succeeding months, particularly following the landmark ERC order directing immediate and long-term technical improvements to the WESM pricing mechanism aimed at addressing high electricity prices, including in the Visayas, the accumulated balances from previous bills will continue to form part of NOCECO’s payables to WESM. To manage the impact on consumers, NOCECO has requested a four-month staggered recovery scheme for the latest IEMOP/WESM bill, with the resulting recoveries expected to continue through the November 2026 billing.
NOCECO remains committed to providing reliable and affordable electric service while minimizing the impact of rising power costs on its Member-Consumer-Owners (MCOs). As electricity rates may vary depending on market conditions and power supply costs, consumers are encouraged to use electricity wisely and practice energy-saving habits.
Signed:
DOMINGO S. SANTIAGO, JR.
Project Supervisor & Acting General Manager
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
