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
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