By: Raydes Barcia
Legazpi City βThe Albay Power and Energy Corp. (APEC), a private power distributor and subsidiary of San Miguel Corporation Global Power Holdings will be imposing power rate anew to more than 200,000 power consumers here. Power rates up in July as generation charge rises.
The 205,000 power consumers in Albay will be charged of π ππ.ππππ per kWh this month from πππ.ππππ per kWh in June.
The overall rate for typical residential consumers inched up by ππ.ππππ per kWh to πππ.ππππ per kWh from πππ.ππππ per kWh in June. Β
While commercial consumers overall rate increased by ππ.ππππ to πππ.ππππ /kwh from πππ.ππππ; and for high voltage consumers increased by ππ.ππππ to πππ.ππππ/kwh from πππ.ππππ in June.Β
The APEC management also said in a statement that a rsidential consumers consuming 200 kWh can expect their total bill to increase by around ππππ.ππ for the month of July.Β
The higher charges from Independent Power Producers (IPPβs) and Electricity Spot Market prompted an increase in generation charge of ππ.ππππ. For the month of July, the average price of WESM went up by almost ππ.ππππ while SMEC charged APEC .πππππ πππ§πππ―π¨π¬.Β
Meanwhile coal prices also went up by an average of 19% which attributed to higher IPP charges, the management said.
Aside from the generation charge, the transmission charge slightly hiked by .ππππ πππ§πππ―π¨π¬ per kWhr.Β
The generation charge in July rose to πππ.ππππ per kWh from π π.ππππ per kWh the previous month, likewise prices at Wholesale Electricity Spot Market (WESM) remained elevated.
βTherefore, electricity rates are expected to increase as the world market fuel prices rises. Thus, consumers are advised to conserve energy to avoid paying high electricity bills.”