game ape NGCP: Transmission costs up in February

MANILA, Philippines — Transmission charges for the January period, which consumers will see in this month’s power bills, went up due to higher ancillary service costs.

In a briefing, the National Grid Corp. of the Philippines (NGCP) said the overall transmission charges inched up to P1.3504 per kilowatt hour (kWh) from the P1.2583 in the December 2024 billing period.

Article continues after this advertisement

The slight increase in the rate was blamed on the upward adjustment observed with ancillary service charges, or the cost of electricity sourced from the reserve market and providers with bilateral contracts with the NGCP when supplies are thin.

Department of Environment and Natural Resources (DENR) Undersecretary for Integrated Sciences Carlos Primo David during a forum organized by the Chamber of Mines of the Philippines (COMP) said the DENR rolled out a digital application process in three regions of the country.

Philex Mining president and CEO Eulalio Austin Jr. said they have an application to explore a nickel tenement adjacent to the firm’s site in Zambales.

FEATURED STORIES BUSINESS BIZ BUZZ: What’s next for Conti’s? BUSINESS 2​9 PH firms make it to Time's best companies in Asia-Pacific BUSINESS 4 SM malls turn to rooftop solar power

READ: Maharlika’s investment to NGCP expected to lower electricity costs

Tapping ancillary services is necessary to ensure continuous delivery of power, subsequently avoiding outages.

Article continues after this advertisement

The NGCP said ancillary service rates jumped 12 percent to 66 centavos per kWh against the previous 59 centavos. The firm said the rates for the period included the first wave of the collection of 70 percent of the ancillary service charge that was not billed by generators from early last year.

Article continues after this advertisement

To recall, the Energy Regulatory Commission (ERC) gave the green light for power generators to recover a total of P3.05 billion, which represents the remaining 70 percent reserve trading amounts. The commission earlier suspended the collection of amounts in the reserve market following the surge in prices.

Article continues after this advertisement

“NGCP does not earn from AS and did not benefit from the increase in prices. AS charges are pass-through, and generating companies benefitted from this increase. AS are support services used to balance and stabilize the grid during power supply-demand imbalance,” it said.

Meanwhile, transmission wheeling rates, or what the NGCP charges to consumers for delivering power, settled at 54 centavos per kWh from 53 centavos.

allure slot

“Only 54 centavos of the overall transmission rate 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,” said NGCP.

Your subscription could not be saved. Please try again. Your subscription has been successful.

Subscribe to our daily newsletter

SIGN ME UP

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.game ape

READ NEXT DBM thanks Senate for advancing gov’t rightsizing bill US trade deficits at core of Trump tariff moves EDITORS' PICK AP reporter again barred from Oval Office over ‘Gulf of America’ Meta shares tips on avoiding romance scams this Valentine LA fire areas brace for flooding, mudslides ahead of 'dangerous' storm Fil-Ams warned about flooding as storm soaks Southern California Kontra Daya: Over half of party lists don’t represent poor Grenade blast in French bar wounds 12 – officials MOST READ Dela Rosa slams Marcos remarks on drug war, Pogos, China DOJ 'hopes' VP Sara Duterte will see her raps as chance to clear name BIZ BUZZ: What’s next for Conti’s? Vivencio Dizon named new Transportation secretary Follow @FMangosingINQ on Twitter --> View comments