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Bacolod City, PhilippinesFriday, May 4, 2012
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NOCECO rate increase
slated this May

The power firms supplying electricity to the Visayan area, KEPCO SPC Power Corporation, Inc., Power Sector Assets and Liabilities Management Corp.and government-run National Power Corporationalready have the green light from the Energy Regulatory Commission for the rate adjustments they are legally entitled to collect, a Negros Occidental Electric Cooperative press release said.

The KSPC can recover the difference in costs between the Provisional Rate it gave to NOCECO pending approval of the Commissioning Power Supply Contract from October 2010 to February 2011 up to the final approval of its Rate on February 6, 2012, the press release said.

PSALM and NPC, meanwhile, can recover their fuel and purchased power costs as well as the foreign exchanged costs from January 2007 to April 2010 under the Generation Rate-Adjustment Mechanism and the Incremental Currency Exchange Rate Adjustment Mechanism.

These recovery mechanisms however, will trigger power rates hike in the Visayas area with NOCECO customers expected to get an increase of0.3298 effective May 2012 Billing.

Also, as generation charges billed by suppliers are complete pass through, customers may notice significant increase in the generation and system loss charges, the press release said.

Meanwhile, the Central Negros Electric Cooperative, Inc. will conduct line maintenance activities from 8 a.m. to 5 p.m., tomorrow,a CENECO press release said.

CENECO said that the National Grid Corporation of the Philippines (NGCP) will conduct replacement of rotten 69KV transmission poles along Bacolod – San Enrique 69KV transmission line.

·NGCP will also replace rotten primary poles covering Sum-ag, Calumanggan, and Hilangban Feeders, and trim trees covering Sum-ag, Calumanggan, and Hilangban Feeders, the press release said.

Areas affected are SF1, SF2, CF1, CF2, HF1, HF2,HF3, and HF4.

Member-consumers are advised to turn-off their electrical switch/es during the power interruption for safety reasons.

When electricity supply resumes, they must wait at about 10-15 minutes before switching on all electrical appliances and facilities to avoid power surge, the press release said.

The CENECO Call Center may be contacted through telephone numbers 1621, 709-1256, 709-1257 and 435-3640 to 55 local 259, it added.*

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