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Bacolod City, Philippines Wednesday, February 23, 2011
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Electricity rate hike up soon

Power rates of the Central Negros Electric Cooperative in Bacolod City  are expected to go up next month.

That is because the current 20 megawatts of power it is purchasing from the Kepco-Salcon coal-fired power plant in Cebu at a commissioning rate of P1.59 centavos per kilowatt hour will be P5.01 per kwh when the plant starts commercial operations, Norman Pollentes, CENECO Corporate Planning Division chief, said yesterday.

Ceneco’s contract with Kepco states that the commercial operations of the plant will start in mid March, but they have been told that this will start on February 28, he said.

Pollentes said he could not say yet how much more CENECO consumers will have to pay per kilowatt hour since the cooperative purchases its power needs from different sources.

He said 20 megawatts of the power used by CENECO comes from Kepco, while the rest comes from other sources, which include Leyte geothermal power plant.

The CENECO coverage area consumes a maximum of 115 megawatts a day, he said.*CPG




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