Consumers of More Electric and Power Corporation (MORE POWER) will have a 10-centavo increase in their January billing cycle due to a hike in the transmission charge.
“This is solely due to the additional ancillary service charge by NGCP (National Grid Corporation of the Philippines) to maintain the reliability of their electricity grid and the balance in the system so they may recover in time of power system disturbance,” MORE Power said in a statement.
The distribution utility will pass on 10 centavos per kilowatt-hour (kWh) to consumers following the 19 percent hike in the transmission charge.
With the increase, consumers will pay P10.321 per kWh for the Jan. billing from the P10.2259 kWh during the Dec. 2023 billing cycle.
Amid the hike in transmission charge, the generation charge decreased while the distribution system and metering rate remained the same.Perla Lena/PNA