Overall transmission charges down in October 2024 power bill

Published on October 10, 2024 12:00 AM

Power consumers can expect a decrease in overall transmission charges in the electric power bills this October 2024.

While transmission wheeling rates, or what NGCP charges for its primary service of delivering power has slightly increased, Ancillary Services (AS) rates for the September 2024 billing period decreased, with PhP 0.5680/kwh compared to PhP 0.6127/kWh in July 2024.

Ancillary Service charges pertains to the cost for AS sourced from the AS Reserve Market and those for AS providers with bilateral contracts with NGCP.

“Of the overall transmission charge, only 49 centavos is charged by NGCP for the delivery of its services to power consumers. This month's transmission charge is comprised mainly of AS charges remitted directly to power generators providing ancillary services to the grid,” said NGCP.

NGCP does not earn from AS and did not benefit from the increase in prices. The AS cost is a pass-through cost, and generating companies benefitted from this increase. AS are support services used to balance and stabilize the grid during power supply-demand imbalance.###