Ceneco announces refunds

Posted by watchmen
November 17, 2017
Posted in HEADLINE

By Paulo Loreto Lim

 

The Central Negros Electric Cooperative, Inc. (Ceneco) announced they would be refunding consumer-members for 22¢ per kilowatt-hour (kWh) charges assessed during the November 2017 billing period.

According to a release from the utility co-op, the Energy Regulatory Commission (ERC) requested collections be deferred, after earlier authorizing the additional charge in light of a petition brought forward by the Power Sector Assets and Liabilities Management (PSALM) Corporation.

Collection deferment is scheduled to run until January 2018.

Meanwhile, the additional 8¢/kWh charge, originating from another ERC decision allowing Ceneco to collect from consumer-members, was temporarily put on hold last month by Ceneco President Roy Cordova./PLL, WDJ

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