Decorp, Cenpelco bare lower electric rates

By September 2, 2019Business, News

THE Dagupan Electric Corporation (Decorp) and the Central Pangasinan Electric Cooperative (Cenpelco) have announced lower power rates effective August.

Randy Castillan, spokesman of Decorp, said the generation rate being paid by electric consumers was lowered by around 80 centavos per kilowatt hour this August.

The generation charge, which is around 50 to 60 percent of the entire billing, is a pass on charge and will not go to Decorp, but to the power producer, he said.

Augusto Sarmiento, Decorp’s chief operations officer, said the reduced rate is 82 centavos for households consuming 100 kilowatts.

Sarmiento said the effective rate of Decorp per kilowatt is P9.98 for residential customers and almost the same for commercial customers. “Basta po yong konsumo mo ay hindi lampas sa minimum o threshold, the effective rate is P9.98,” he added.

Meanwhile, Randolf Merrera of Cenpelco said their electric rate too decreased by six centavos per kilowatt hour, or P60 for the first 100 kilowatts.

Cenpelco’s effective rate for its residential customer and commercial establishments is P9.48 per kilowatt hour.

Pedro Paramio Jr., planning and construction chief of Cenpelco, said his company is relocating slowly and systematically some of its electric poles because of the road widening effected by the Department of Public Works and Highways.

Both Decorp and Cenpelco assured that their electric rates will go down further if the “Murang Kuryente Act” recently signed into law by President Duterte will be finally implemented.

The Internal Rules and Regulations of the newly signed laws are now being drawn up by the National Power Corporation, Energy Regulatory Commission, Department of Finance and other government agencies.

Sarmiento said the government’s share in “Murang Koryente” law will be sourced from the Malampaya natural gas project to cover Napocor’s stranded debt of around P208 billion which the power consumers nationwide have been paying for.

This, he said, is in the form of universal charge at 9.71 centavo per kilowatt hour bundled in the electric bills of consumers.

Once IRR of the “Murang Kuryente Act is finally approved, the ERC will order all electric distribution utilities to implement a decrease in the electric rate by 9.71 centavos per kilowatt. (Leonardo Micua)

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