By:
Ronnel W. Domingo - 05:10 AM June 08, 2020
Electricity
transmission charges are down to 4 centavos for every peso spent on electricity
as of the May billing period, suggesting a continuing downtrend since National
Grid Corporation of the Philippines (NGCP) took over the power grid in 2009.
Transmission charge is
the cost of delivering and balancing high-voltage electricity from the power
generators to the distribution utilities.
Data from NGCP showed
that the transmission charge averaged 73 centavos a kilowatt-hour (kWh) in 2009
and had been going down yearly since 2013 when it was at 69 centavos.
In a statement, NGCP
said its pass-on transmission charge continued to go down, hitting a low of
P0.51 a kWh as of 2019.
“The transmission
charge has been consistently on its downtrend when compared with the 69
centavos per kWh charged by National Transmission Corp. [in 2008] prior to the
privatization of the transmission assets in 2009,” the company added.
NGCP is the private
entity that won the 25-year contract to manage, operate, expand and improve the
country’s power transmission system in a privatization process carried out by
Power
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