Press Release
NOCECO ELECTRICITY RATES
NOCECO Rates Increases for April 2025 Billing Month
NOCECO informs consumers of an electricity rate increase for April 2025, reaching Php 15.6104/kWh from March's Php 13.9595/kWh. This Php 1.6509/kWh rise is mainly due to a significant jump in the Generation Charge (Php 1.2785/kWh increase) and a higher Transmission Charge (Php 0.3737/kWh increase). While the rates from some of our power suppliers (PCPC, GNPOWER, KSPC) decreased, the substantial rise in the WESM were not sufficient to offset the overall generation charge.
The Generation Charge is a pass-through cost that NOCECO pays to power generation companies and is influenced by factors such as fuel prices and market conditions beyond NOCECO’s direct control. Also, with the GNPK contract expiring and to proactively mitigate exposure to the potentially volatile prices of the Wholesale Electricity Spot Market (WESM), NOCECO has entered into an emergency power supply agreement with FDC. This strategic move was undertaken to ensure a more stable and reliable power supply for our consumers and to cushion against significant price fluctuations in the spot market.

NOCECO understands the impact of this rate adjustment on our consumers and assures you that we are committed to providing reliable and cost-effective electricity service.
We encourage our member-consumer-owners to practice energy conservation measures to help manage their electricity consumption and mitigate the impact of this rate adjustment.
Signed
ENGR. DOMINGO S. SANTIAGO, JR.
Project Supervisor & Acting General Manager