will see an increase of P0.53 per kilowatt hour in their bills for November-December due to high generation rates.
Customers of Visayan Electric will see an increase of P0.53 per kilowatt hour in their bills for November-December due to high generation rates. The price of power in the Wholesale Electricity Spot Market may have slightly decreased, Lucero added, but this cannot significantly bring down the overall price of electricity.
Among the components of an electricity bill, generation and transmission charges account for at least 68 percent of the total electricity cost while government taxes and other charges comprise 13 percent. Generation, transmission, government taxes, and other charges are pass- through charges that are paid to the power suppliers and the government.
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