SunStar Publishing Inc.
VISAYAN Electric Company’s consumers can expect a P0.95 increase per kilowatt-hour in their September-October billing period, raising the rate from P12.57 to P13.52 per kWh. This adjustment means a consumer with a monthly usage of 200 kWh will see an additional P190 on their bill.The increase is attributed to higher transmission charges from the National Grid Corp.
The rate hike also includes the final installment of deferred payments for power purchases through the Wholesale Electricity Spot Market from last May, Bronce added.Bronce expressed optimism for a potential decrease in power rates in the months after the incoming billing cycle, citing the final installment of WESM payments and the expected cooler weather as factors that may contribute to lower electricity rates.
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