The general manager of the Northern Negros Electric Cooperative (NONECO) may file a case against what it called a “unconscionable” power rate increase by the Wholesale Electricity Spot Market (WESM).
Lone District of Bacolod Representative Evelio Leonardia, Chief Executive Officer and President of SM Prime Holdings, Inc. Hans T. Sy, Bacolod City Mayor Monico Puentevella and Silay City Mayor Jose “Oti” Montelibano cut the ribbon to open the SM City Bacolod Expansion yesterday.*
Gov. Alfredo G. Marañon, Jr. (center) welcomes Senator Ferdinand “Bongbong” Marcos, Jr. (3rd from left) during his courtesy visit at the Capitol, yesterday. With them are (l-r) Board Member Jose Benito Alonso, Cong. Jeffrey Ferrer, Board Members Miller Serondo and Salvador Escalante, Jr. and San Enrique Mayor Mario Magno.* (Capitol photo)
Lawyer Dan Pondevilla, general manager of NONECO told the Negros Daily Bulletin yesterday that “I am ready to file a temporary restraining order (TRO) despite the adjustment it made on its recent adjustment that lowered the rate by 50 percent at the September bill,” Pondevilla said.
NONECO would have been charged P52 million with the price substitution adjustment or about 30 percent increase, he said.
He pointed out that the rate increase prior to yesterday’s 50 percent adjustment could have resulted to a billing for each NONECO consumer of about P13.90 per kWh from just about P10/kWh.
“I am checking with other electric cooperatives in the Visayas if their September bills were also adjusted and reduced. Even with the 50 percent reduction, still the rates are too high and we, with other power coops will review this new adjustment,” he said.
“I think the reduction is the result of our (electric cooperatives’) protest moves against this highly unscrupulous rate increase which we only knew when we were billed by PEMC-WESM. I think PEMC is also affected by our protest,” the NONECO GM also said.
Pondevilla said the WESM is using the “wrong model as market computation.”
Western Visayas Electric Cooperatives Association (WEVECA) will met next week where they will compare their latest billing.