Ceneco rates down by 33¢ in November

Posted by watchmen
November 18, 2017
Posted in HEADLINE

By Paulo Loreto Lim

 

After earlier announcing refunds to consumer-members for the deferred 22¢ per kilowatt-hour (kWh) charge, previously mandated by the Energy Regulatory Commission (ERC) following a petition brought forward by the Power Sector Assets and Liabilities Management (PSALM) Corporation, the Central Negros Electric Cooperative, Inc. (Ceneco) said November 2017 residential rates reduced by 33¢.

In addition to the refund, the utility co-op reported a small reduction in the transmission charge.

Meanwhile, deferment on the said 22¢/kWh payment is scheduled to expire in January 2018.

In addition, the 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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