NGCP to collect P200M from power customers

MANILA, Philippines—The National Grid Corp. of the Philippines (NGCP) has secured the regulator’s nod to collect P212.5 million from power consumers in Luzon and Mindanao so that it can rehabilitate the transmission facilities damaged by typhoons and bombings.

 

In Luzon, the NGCP is set to collect an additional 55.922 centavos per kilowatt (kW) this year; 53.303 per kW in 2014; and 50.876 per kW in 2015.

 

In Mindanao, the NGCP will be collecting from customers 0.687 centavos per kW this year; 0.659 centavos per kW in 2014; and 0.632 centavos per kW in 2015.

 

“A perusal of the evidence presented by NGCP showed that the additional charges to be imp…

Keep on reading: NGCP to collect P200M from power customers

Full News here – INQUIRER.net


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