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    NOCECO RATES UP BY 1.16 FOR THE MONTH OF OCTOBER 2017

     

    Negros Occidental Electric Cooperative (NOCECO) inform its member-consumers that the overall electricity rate of the residential customers for the month of October is Php 9.9234 per kWh, an increase of Php 1.1673 per kWh from the previous month’s rate of Php 8.7561 per kWh. This is the highest electricity rate registered for the past 2 years.

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Press Release

NOCECO RATES UP BY PHP1.16 FOR THE MONTH OF OCTOBER 2017

 

Negros Occidental Electric Cooperative (NOCECO) inform its member-consumers that the overall electricity rate of the residential customers for the month of October is Php 9.9234 per kWh, an increase of Php 1.1673 per kWh from the previous month’s rate of Php 8.7561 per kWh. This is the highest electricity rate registered for the past 2 years.


The main driver of the higher electricity rates this month is the Php 0.8302 per kWh increase in the generation charge, which moved from Php 4.5796 to Php 5.4098 per kWh caused by higher market prices from the Wholesale Electricity Spot Market (WESM) from which NOCECO obtained a portion of its power supply. WESM addresses the deficiency of our power requirement.

 

Another factor that contributed to the higher generation rate is the Implementation of the 10th – 17th Generation Rate Adjustment Mechanism (GRAM), 15th – 16th Incremental Currency Exchange Rate Adjustment (ICERA) and 1st – 5th Automatic Cost Recovery Mechanism (ACRM) True-up Adjustments pursuant to the Energy Regulatory Commission (ERC) Order* and Decision** both dated July 20, 2017 filed by Power Sector Assets and Liabilities Management Corporation (PSALM).

 

In addition to the generation charge, the system loss charge and transmission charge registered an increase of Php 0.1307 per kWh and Php 0.2068 per kWh, respectively. The increase in transmission charge can be attributed to the increase in the Ancillary Service Charge from the National Grid Corporation of the Philippines (NGCP) bill charge to all electric distribution utilities including NOCECO.

 

However, lifeline subsidy rate registered a minimal reduction of Php 0.0004 per kWh.

 

NOCECO’s distribution, supply and metering charges remain unchanged despite the increase in the overall electricity rate for this month.

 

 

(SGD.) JONAS F. DISCAYA
General Manager

 

 

*ERC Case Nos. 2008-042 RC, 2008-053 RC, 2008-063 RC, 2009-032 RC, 2009-056 RC, 2010-003 RC, 2010-068 RC, 2010-074 RC, 2010-067 RC, and 2010-073 RC

**ERC Case Nos. 2011-115 RC, 2012-067 RC, 2013-092 RC, 2014-098 RC and 2015-124 RC

 

 

 

 

News and Events

Para sa tanan nga miembro kag manug-pamiembro sa NOCECO:

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...

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P A H I B A L O


Para sa tanan nga miembro kag manug-pamiembro sa NOCECO:


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 ang dapat magsumiter sang “Tax Identification Number” ukon TIN.


Sa mga miembro nga wala pa sang TIN kag sa mga bag o nga mga aplikante sa pagpatakod sang suga, puede maka-apply kag maka-parehistro paagi sa NOCECO kag sila magdala lamang sang “Xerox Copy” sang isa sa mga masunod:

  1. SSS I.D
  2. Driver’s License
  3. Senior Citizen I.D
  4. Marriage Contract/Birth Certificate
  5. Postal I.D
  6. Company I.D
  7. Voter’s I.D

Ini dapat pagahimuon sa pinakamalapit nga talatapan sang NOCECO sa adlaw sang Lunes tubtob Biyernes kag sa kada “Due Dates”.


Guinapangabay guid ang kooperasyon sang tanan nga miembro-konsumidor sa sini nga hilikuton kay ang ini nga mando sang BIR nakasalalay ang pag-aprobar sang “Renewal” sang “Tax Exemption” sang Kooperatiba kag ang indi pagtuman sini makaapekto man sang pagtaas sang bili sa kuryente paagi sapag-dugang sang Value-Added Tax (VAT) sa Distribution, Supply and Metering (DSM) kag iban pa nga mga buwis.


Madamo guid nga salamat.



The National Grid Corporation of the Philippines' Load Dropping or Load Shedding

The Negros Occidental Electric Cooperative (NOCECO) expresses its earnest apologies to its member-costumers for the power outages these past few days in different parts of its coverage area. The National Grid Corporation of the Philippines (NGCP) had incurred Load Dropping or Load Shedding caused by...

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