TIELCO (Tablas Island Electric Cooperative) has announced its second generation charge increase since 2021, marking a continuation of adjustments to power rates.
The previous generation charge, which stood at 6.3609, has now been adjusted to 6.9220 following the latest billing cycle in April 2023.
For an average household with monthly consumption of 200 kilowatt-hours (kWh), the generation charge in March amounted to P1,272.18, in addition to other fees such as system loss, distribution network charge, and metering charge. However, with the recent adjustment, the same household can now expect a generation charge of P1,384.40, in addition to other applicable fees.
Based on data provided by TIELCO for May 2023, the cooperative purchased a total of 5,412,590.40 kWh, with a basic generation cost of P37,523,909.74 allocated to SUWECO Tablas Energy Corporation. Additionally, 236,958.40 kWh were procured from the National Power Corporation.
TIELCO has stated that the current power rate billing, inclusive of the adjusted generation charge, will remain in effect until February 2024.
The implementation of this revised rate aligns with the ongoing implementation of the new Subsidized Approved Generation Rate (SAGR), as part of the petition submitted by the National Power Corporation (NAPOCOR).