NOCECO Announces Rate Decrease for December 2024
Negros Occidental Electric Cooperative (NOCECO) is pleased to announce a decrease in its residential electricity rates for the billing month of December 2024. The residential rate has been reduced by Php 1.0845/kilowatt-hour (kWh), resulting in an effective rate of Php 13.9543/kWh.
This substantial rate reduction is primarily driven by a Php 2.9442/kWh decrease in the price of energy purchased from the spot market.
NOCECO also informs its Member-Consumer-Owners (MCOs) that KEPCO Salcon Power Corporation (KSPC) has started delivering power on December 7, 2024. The impact of this new power supply source will be reflected in the electricity bills for the month of January 2025.
It is important to note that NOCECO's Distribution, Supply, and Metering (DSM) charges have remained unchanged since February 2010. This means that despite the fluctuations in overall electricity rates, MCOs continue to benefit from stable DSM charges.
NOCECO encourages its MCOs to remain mindful of their energy consumption to manage their electricity bills effectively. By adopting energy-efficient practices, MCOs can contribute to reducing their overall energy costs.
The cooperative remains committed to exploring innovative solutions to mitigate the impact of fluctuating electricity prices on its MCOs.
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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