Lower electricity bills this Christmas in Tagbilaran City

By Leo Udtohan

Residents here are looking forward to a bright and festive Christmas because of a lower electricity bills.

The Bohol Light, operated by Primelectric, announced on Wednesday, Dec. 11, a P1.59 per kilowatt hour (kWh) reduction in the total electricity rate this Christmas season compared to the November billing.

According to Bohol Light, the billings that consumers will receive starting December 16, residential consumers in Tagbilaran City will only pay P10.67 per kWh, down from P12.27 last month.

Meanwhile, commercial consumers will be charged P10.38 per kWh, a reduction of P1.57/kWh.

These new rates will cover the monthly billing cycle or consumed starting November 15 to December 15, 2024.

When Primelectric took over the operation of Bohol Light last September, the rate was about P13.62/kWh, and the consumers immediately experienced a significant reduction of P3.81/kWh in their October billing.

The fluctuations in electricity prices are due to unstable costs in the Wholesale Electricity Spot Market (WESM), which has significantly impacted the calculation of the Power Generation Cost.

Generation and Transmission rates are considered "pass-through" charges, reflecting the costs billed by power generators and the National Grid Corporation of the Philippines (NGCP) to Bohol Light and other private distribution utilities and electric cooperatives. These charges are passed on to consumers and remitted to the power suppliers and NGCP.

The distribution rate, comprising of distribution, supply, and metering (DSM) charges, remains at P0.9840/kWh. These charges are strictly regulated by the Energy Regulatory Commission (ERC) and have remained unchanged since 2015.

Bohol Light stil reminded customers to practice electrical safety during the holiday season. 

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BOHOL LIGHT: SIGNIFICANT REDUCTION IN ELECTRICITY RATES THIS OCTOBER

By PR October 18, 2024 

Residents of Tagbilaran City will experience a P3.81 decrease in the total electricity rate this October 2024, compared to the September billing.

Bohol Light Company Inc, operated by Primelectric, stated that in October 2024, residential consumers in Tagbilaran City will only pay P9.81 per kWh, down from P13.62 last month.

Meanwhile, commercial consumers will be charged P9.54 per kWh, a reduction from P13.26/kWh or a decrease of P3.72/kWh.

The reduction in electricity prices is due to lower costs in the Wholesale Electricity Spot Market (WESM), which has had a significant impact on the calculation of the Power Generation Cost.

Generation and Transmission rates are considered "pass-through" charges, reflecting the costs billed by power generators and the National Grid Corporation of the Philippines (NGCP) to Bohol Light. These charges are passed on to consumers and subsequently remitted to the power suppliers and NGCP.

The Generation Charge varies monthly, influenced by factors such as the cost of raw materials used by power generation plants, market prices in WESM, and Transmission Charges. These factors result in adjustments to the electricity rates implemented by distribution utilities like Bohol Light.

The Distribution rate, comprising Distribution, Supply, and Metering (DSM) charges, remains at P0.9840/kWh. These charges are strictly regulated by the Energy Regulatory Commission (ERC) and have remained unchanged since 2015.

The DSM charge is Bohol Light's sole source for covering administrative, operational, and maintenance expenses.