SunStar Publishing Inc.
THE Visayan Electric has implemented a new decrease in Residential electricity rates for October-November billing of P0.26 per kilowatt hour . This meant that the previous generate rate from September-October billing of P12.27/kWh decreased to P12.01/kWh for the current billing period. Which the Visayas Electric said that for a family with a monthly average consumption of 200 kWh, there is a potential savings of P52.
“This is great news for our residential customers, especially since the rates have been going down for the last six months. However, Lucero added that with the advent of holidays and Christmas season, consumption of electricity may abruptly increase which results in the possibility of price surges of coal and other fuel in the world market. This possibility may also result in the increase of rate in the consumers electric bill in the upcoming months.
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