Central Negros Electric Cooperative power rates have dropped by 10 centavos per kilowatt hour in the month of January, CENECO general manager Sulpicio Lagarde Jr. said yesterday.

He said from P9.25/kWhr last December 2011, CENECO’s new residential average rate for the month of January will be P9.15/kWhr, inclusive of the 12 percent Value Added Tax..

The decrease of 10 centavos from the previous power rate was due to the decrease in the Generation System Charge of 0.0644, decrease in the Transmission System Charge of 0.0668, decrease in the Systems Loss Charge of 0.0091, increase on the Lifeline Rate Subsidy of 0.0074, and an increase in the Mandatory Rate Reduction of 0.0026, he said.

The major causes of the decline of rates for the energy consumed for this month are the Generation System Charge of P0.0644 and the Transmission System Charge of P0.0668, he said.

Residential consumers with consumption of less than 80 kWh will have a basic rate of P8.1244 while those with consumption of more than 80 kWh will have a basic rate of P8. 3094, he said.

CENECO still remains to have the lowest power rates in the whole of Western Visayas region, he added.

He, however, could not say if the power rates will be the same next month.*CPG

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