By: Raydes Barcia

Legazpi City β€”The 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 𝐏 πŸπŸ–.πŸ‘πŸ—πŸ—πŸ— per kWh this month from ππŸπŸ“.πŸ•πŸπŸ‘πŸ‘ per kWh in June.

The overall rate for typical residential consumers inched up by 𝐏𝟐.πŸ”πŸ•πŸ”πŸ” per kWh to ππŸπŸ–.πŸ‘πŸ—πŸ—πŸ— per kWh from ππŸπŸ“.πŸ•πŸπŸ‘πŸ‘ per kWh in June. Β 

While commercial consumers overall rate increased by 𝐏𝟐.πŸ”πŸ•πŸ”πŸ” to ππŸπŸ•.πŸ’πŸπŸ”πŸ‘ /kwh from ππŸπŸ’.πŸ•πŸ‘πŸ—πŸ•; and for high voltage consumers increased by 𝐏𝟐.πŸ”πŸ”πŸ”πŸ“ to ππŸπŸ”.πŸπŸ’πŸ“πŸ”/kwh from ππŸπŸ‘.πŸ’πŸ•πŸ—πŸ 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 ππŸ“πŸ‘πŸ“.πŸ‘πŸ for the month of July.Β 

The higher charges from Independent Power Producers (IPP’s) and Electricity Spot Market prompted an increase in generation charge of 𝐏𝟐.πŸŽπŸ•πŸπŸ. For the month of July, the average price of WESM went up by almost ππŸ’.πŸ•πŸŽπŸπŸ— while SMEC charged APEC .πŸŽπŸ—πŸ–πŸ–πŸ‘ 𝐜𝐞𝐧𝐭𝐚𝐯𝐨𝐬.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 .𝟎𝟏𝟎𝟏 𝐜𝐞𝐧𝐭𝐚𝐯𝐨𝐬 per kWhr. 

The generation charge in July rose to 𝐏𝟏𝟏.πŸ—πŸπŸ•πŸŽ per kWh from 𝐏 πŸ—.πŸ–πŸ’πŸ“πŸ— per kWh the previous month, likewise prices at Wholesale Electricity Spot Market (WESM) remained elevated.  

β€œTherefore, 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.”

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