Daily Star logoTop Stories
Bacolod City, Philippines Tuesday, April 24, 2012
Front Page
Negros Oriental
Star Business
Opinion
Sports
Police Beat
Star Life
People & Events
Eguide
Events
Schedules
Obituaries
Congratulations
Classified Ads
Ceneco: New residential
average rate decreases

The Central Negros Electric Cooperative Inc. has announced that the new residential average rate for April 2012 is P8.95/kilowatt-hour, inclusive of the 12 percent value added tax, a press release from the power coop said.

In the press release, Ceneco explained the decrease as “the causal effect of the normalization of the power transmission lines, and not a rate reduction”.

It also said the P1.64 decrease from last month’s P10.60/kWh rate was due to the reduction in the generation system charge of P1.3904; increase in the transmission system charge, P0.0337; decrease in the systems loss charge, P0.2000, hike in the lifeline rate subsidy, P0.0220; increase in senior citizen subsidy, P0.0002; and a mandatory rate reduction of P0.0408.

For April, the total decrease on charges dropped to P1.4937, while that of the EVAT is P0.1511, resulting to a total decrease of P1.6448, the press release added.

Residential consumers with power usage of more than 80 kWh will have a basic rate of P8.2341, excluding VAT charges and other adjustments, the press release also said.

It added that since it is just a power distributor and has the obligation to pay its power suppliers, consumers should pay their electricity bills on time to avoid disconnection, it added.*

back to top

Front Page | Opinion | Negros Oriental | Business | Sports
Star Life | People & Events| Archives | Advertise
Top Stories
ButtonPractice professionalism; help move nation forward
ButtonRP gets 2nd biggest share  of US addt’l sugar quota
ButtonAnti-crime drive gets boost
ButtonCOA questions Capitol-Ayala land deal provisions
ButtonCoke loses lawsuit on pre-mix imports
ButtonFelisa sanitary landfill ready to operate: city
ButtonMayor backs order to shoot robbers
ButtonCity inks MOA with PhilHealth
ButtonCeneco: New residential average rate decreases
ButtonArmy seizes NPA camp
ButtonParty defections no surprise: guv
ButtonResolution proposed on resorts operation