Power cost higher in February

by Alena Mae S. Flores, February 5, 2015
from Manila Standard Today

Power distributor Manila Electric Co. said Thursday total energy cost may be higher in February because of the possible increase in generation charges, spike in transmission rates and the integration of the feed-in tariff allowance.

“We still have no rates in generation charge but we see a spike in transmission charges of a little more than 10 centavos due to higher wheeling and ancillary charges,” Meralco spokesman Joe Zaldarriaga said.

Zaldarriaga said the higher transmission charges would also have a corresponding effect on taxes and other charges.  Meralco officials earlier said generation charges in February might go up due to the shutdown of several power plants, with combined capacity of over 2,000 megawatts in the January supply month.

“There may be a higher generation charge for February,” Meralco president Oscar Reyes said.

Zaldarriaga said the February generation charges would also reflect the feed-in tariff allowance of around four centavos per kilowatt-hour.

Meralco head of legal services William Pamintuan earlier said Fit All was not a Meralco charge but a separate and distinct item in the bill.

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