NOCECO

Press Release

NOCECO ELECTRICITY RATES

NOCECO Announces September 2026 Electricity Rate

The Negros Occidental Electric Cooperative (NOCECO) informs its Member-Consumer-Owners (MCOs) that the total residential electricity rate for September 2026 is ₱16.0080 per kWh, an increase of ₱0.7744 per kWh from August’s rate of ₱15.2336 per kWh.

The increase was mainly driven by the ₱0.5197 per kWh rise in the Generation Charge, from ₱8.4420/kWh to ₱8.9617/kWh. This was primarily due to higher implemented electricity prices in the Wholesale Electricity Spot Market (WESM), which increased from ₱12.8130/kWh to ₱15.3496/kWh, along with minor increases in ancillary services, system loss, and government-mandated Value Added Tax (VAT) on generation.

It is worth noting that, despite the high WESM charges, NOCECO implemented only approximately 25% of the preliminary WESM charges reflected in the August 2026 Independent Electricity Market Operator of the Philippines (IEMOP) billing, while continuing to pay previously approved IEMOP balances through a staggered payment arrangement. This was done while awaiting the release of the official final and adjusted bill from IEMOP, in accordance with ERC Case No. 2026-048 MC. Once IEMOP releases the final adjusted August bill, NOCECO will determine any resulting savings and apply the necessary adjustments to succeeding electricity bills.

Meanwhile, NOCECO’s own Distribution, Supply, and Metering (DSM) charges remain unchanged at ₱1.6109 per kWh, with no increase in the Cooperative’s operational charges.

NOCECO assures its MCOs that it continues to carefully manage its power supply costs and billing adjustments while working to minimize the impact of market-driven price fluctuations on consumers.

Signed:

DOMINGO S. SANTIAGO, JR.
Project Supervisor & Acting General Manager

P A H I B A L O