The generation charge alone went up slightly by 0.69
centavos per kWh to P5.4227 per kWh from P5.4158 per kWh previously.
ERC chairperson Agnes Devanadera said the approved 2018 FIT-All rate is 7.06
centavos per kwh lower than the 29.32
centavos per kwh rate the TransCo proposed.
'Now, therefore be it resolved as it is hereby resolved to strongly urge and demand that the DICT direct the NTC to immediately reduce the cost of text messaging services to not more than P0.01 or one
centavo per text message and establish a strict price ceiling for such services,' concluded the resolution.
Meanwhile, computations showed at least a minimum of 70
centavos per kwh can be reduced in electricity bills of consumers if the Malampaya fund would be used to pay off the stranded contract costs (SCCs) and stranded debts (SD) of National Power Corp.
"They are saying the increase is eight
centavos (for the tax in transmission and coal tax)we are discussing that now and I told them to scrutinize it because I will not just accept it as a matter of fact," he said.
Generation charge fell by 29.66
centavos a kwh to P5.5973 a kwh from P5.8939 previously due to lower charges by plants under power supply agreements (PSAs).
Based on Meralco's computation, the VAT on transmission charge will translate to an additional seven
centavos per kwh in its rates.
The generation charge alone rose by 98.2
centavos a kWh to P5.8939 from P4.9119 previously.
However, there was an increase of 9.11
centavos a kWh in the cost of electricity sourced from independent power producers, which provided 41 percent of Meralco's supply.
Last week, local oil firms raised gasoline prices by 65
centavos per liter while diesel and kerosene prices were raised by 10
centavos per liter.
Thursday saw the regulator ordering telcos to lower their interconnection charge to 50
centavos per minute from P2.50 for voice calls, and to five
centavos from 15
centavos for every text message.
Baguio's industry take figures were P2.75 for gas and P1.55 for diesel whereas in La Union it was only 96
centavos and 45
centavos, respectively; and in Manila even decreased by 38
centavos for gas and 45
centavos in diesel.
