Ceneco reports decrease in October rates

Posted by watchmen
October 27, 2018
Posted in HEADLINE

The Central Negros Electric Cooperative Inc. (Ceneco) revealed residential rates for October 2018 came to P11.6334 per kilowatt-hour (kWh), about 22¢ lower than last month’s P11.8574/kWh rate.

As with previous reports, the utility co-op showed most of their revenue went to generation, transmission, and system loss fees, which came to P8.3624/kWh, lower than last month’s rate of P8.9396/kWh. They also reduced the amount allocated for the charges from 75.39 percent to 71.88 percent.

The second-highest expenditure went towards the value-added tax, which comprised 8.17 percent of earnings, costing 95¢/kWh.

Electricity rates had been on an upward trend over the past few months./WDJ


Leave a Reply

Your email address will not be published. Required fields are marked *