Visayan Electric hikes residential rate

SunStar Publishing Inc.

RESIDENTIAL consumers of Visayan Electric can expect an increase of P1.03 per kilowatt hour in their electricity rate for the November to December billing cycle.The hike brings the rate to P12.19 per kWh from last month’s P11.16 per kWh, translating to an additional cost of at least P206 for a household consuming 200 kWh.The increase, according to Visayan Electric in a press statement on Thursday, Nov.

The increase in rate is also driven by the high transmission cost due to an increase in ancillary service charges; ancillary services are support services necessary to maintain optimal grid operations.With this month’s rate hike, Visayan Electric president and COO Raul Lucero advises consumers to monitor their energy usage to avoid unexpected increases in their bills.

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