Consumers can expect a decrease in overall transmission charges in electric power bills this month, according to the National Grid Corporation of the Philippines (NGCP).
NGCP said in a statement yesterday while transmission wheeling rates – or the company’s charges for its primary service of delivering power – has slightly increased, ancillary services (AS) rates for the September 2024 billing period declined.
IAS rates for the month are at P0.5680 per kilowatt hour (kWh) compared to P0.6127 per kWh in July 2024.
AS charges pertain to the cost for AS sourced from the Reserve Market and from providers with bilateral contracts with NGCP.
AS serves as the available generating capacity for dispatch to meet contingency reserve requirements when a power generating unit trips or a transmission interconnection problem occurs.
“Of the overall transmission charge, only 49 centavos is charged by NGCP for the delivery of its services to power consumers. This month’s transmission charge is comprised mainly of AS charges remitted directly to power generators providing ancillary services to the grid,” the company said.
NGCP does not earn from AS and did not benefit from the increase in prices as it is a pass-through cost and generating companies benefitted from this increase.
