NGCP: Transmission Rates Down in October
Manila: Overall power transmission rates for end consumers will be lower this October, after these fell by 1.23 percent to PHP1.3998/kWh, officials of the National Grid Corporation of the Philippines (NGCP) said. In a briefing Wednesday, NGCP Assistant Vice President and Regulatory Management head Julius Ryan Datingaling said the overall average transmission rate declined from PHP1.4171 per kilowatt-hour, due largely to lower ancillary services (AS) rates and transmission wheeling rate. According to Philippines News Agency, Datingaling explained that transmission wheeling rates are what the transmission operator charges for its core service of delivering electricity, while AS rates refer to the