Transmission rates down in November

PHILIPPINE STAR/MICHAEL VARCAS

TRANSMISSION CHARGES for the November billing period, which will probably be reflected in December’s bills, decreased because of a slight decrease in ancillary service (AS) costs, in response to the National Grid Corp. of the Philippines (NGCP).

The general transmission rates decreased by 7.44% to P1.1966 per kilowatt-hour (kWh) within the November supply month, based on NGCP’s presentation at a briefing on Thursday.

Transmission charge refers to the associated fee of delivery of electricity from power generation facilities to power distribution systems.

Julius Ryan D. Datingaling, head of business and regulatory development at NGCP, said that transmission wheeling rates, or what NGCP charges for its primary service of delivering power, declined by 0.96% to P0.4957 per kWh in November from P0.5005 per kWh a month earlier.

AS charges, then again, decreased by 12.84% to P0.5699 per kWh from P0.6539 per kWh a month ago.

AS charges pertain to the associated fee for the ability sourced from the reserve market and people from providers with bilateral contracts with NGCP. It provides support services used to balance and stabilize the grid during power supply-demand imbalances, in response to the corporate.

The grid operator earlier noted that it doesn’t earn from AS and didn’t profit from the rise in prices because it is a pass-through cost given to generating firms.

Transmission charges account for 3% of a consumer’s monthly electricity bill, in response to NGCP Spokesperson Cynthia P. Alabanza.

Generation charges, then again, share the majority of the full electricity rate or greater than 50%. — Sheldeen Joy Talavera