By Dexter A. See July 22, 2020
Based on comparative data on the
power rates of the electric cooperative and the power distribution utility,
Beneco’s residential power rate for July was pegged at P7.99 per kilowatthour
(kWh) compared to Meralco’s announced rate of P8.966 per kWh.
In June, Beneco’s residential power
rate was P7.76 per kWh compared to the P8.72 per kWh of Meralco, the biggest
power distribution utility in the country.
Local power industry sources claimed
that despite the presence of numerous non-viable areas within the cooperative’s
franchise area being provided with cheap and quality power through the
facilities of the electric cooperative, Beneco was still able to offer cheap
power rates to its 170,000 member-consumer-owners.
For over a decade now, it was able
to maintain its status as one of the Class AAA electric cooperatives that
continues to have one of the cheapest power rates among the 121 rural electric
cooperatives and a number of power distribution utilities operating in
different parts of the country.
Its supposedly aggressive
implementation of the government’s rural electrification program has resulted
in the 100 percent energization of Baguio City’s 128 barangay (villages) and
the 140 barangay in Benguet.
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