BACOLOD CITY – The Energy Regulatory Commission has approved the power supply agreement between the Central Negros Electric Cooperative and the Energy Development Corp. in a bid to stop increasing electricity rates affecting the province of Negros Occidental.
The ERC, in a notice of resolution dated May 29, said that it gave an interim relief for EDC to supply power to Ceneco at the rate of P5.5657 per kilowatt hour . But the ERC noted that the final generation cost that EDC can charge is still subject to their review.
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