This December, Negros Power is delivering a welcome holiday surprise: lower electricity rates for customers in Bacolod City and Central Negros. The reduction comes as a result of proactive measures and efficient operations, bringing much-needed relief to households and businesses during the festive season.
Negros Power Brings Christmas Cheer with Lower Electricity Rates
Negros Power is spreading holiday cheer this Christmas season with a welcome decrease in electricity rates for consumers.
The distribution utility of Central Negros announced that December billings for residential customers would reflect a rate of P11.18 per kilowatt hour, a decrease of 82 centavos per kWh compared to last month.
This means that a household with an average monthly consumption of 200 kWh will save almost P164 on their electricity bill. The new rate will cover the billing cycle from November 16 to December 15, and consumers will receive their billings starting December 16, 2024.
“We are pleased to pass on these savings to our customers during this special time of year,” said Roel Castro, President and Chief executive Officer of Negros Power.
The rate reduction is attributed to a decrease in the traded blended generation rates from power suppliers at the Wholesale Electricity Spot Market (WESM), which Negros Power passes on to its consumers.
The Distribution System and Metering charge remains at P1.18/kWh, which covers Negros Power’s costs as a distribution utility.
Read: Negros Power’s Commitment to Service Beyond Power: Easing Disruptions During Modernization
A Timely Holiday Gift
For families planning their Christmas celebrations, lower electricity rates mean extra savings. It’s a boon for small businesses too, especially those ramping up operations to meet holiday demands.
Negros Power understands the challenges faced by its customers and is committed to delivering reliable and affordable power. This rate reduction reflects the company’s ongoing efforts to improve services while easing the financial burden on consumers.
This rate reduction is a welcome gift for Negros Power customers, offering a little extra holiday cheer and providing some financial relief during the festive season.
“We are committed to providing our customers with affordable and reliable power,” Castro added. “We will continue to work hard to ensure that our customers enjoy the benefits of a stable and efficient power system.”
