Consumers in Ilocos Norte province are seeing about a P3 cut in their electricity bills in the first month of the year, according to an advisory from the Ilocos Norte electric cooperative. | jmichaelmgsINQ /PDI
The generation charge, or the cost of power generated and sold to INEC by its suppliers such as Masinloc Power Partners Co. Ltd , DMCI Power Corporation, WESM, and the INEC Mini-Hydro Power Plant, comprises 63 percent of a consumer’s total electricity bill for January.Ilocos Norte hosts renewable energy companies, including wind farms in Burgos, Bangui, and Pagudpud towns, as well as an expanding solar farm in Currimao town.
In the past months, consumers bore the brunt of high power rates in the province, with average power rates in the past six months pegged at P16.9385 per kWh, inclusive of value-added tax. “Now that we have turned to a new year ay gawing mas mura talaga ang kuryente . We have been trying to get a meeting with San Miguel to be able to change the [20-year] contract structure,” he said.Of the 58-MW total requirement in the province, at least 51-MW are from MPPCL, a coal-fired power plant.
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