Benguet Electric Cooperative

202403 March Generation Rates.pdf 202402 February Generation Rates.pdf 202401 January Generation Rates.pdf 202312 December Generation Rates.pdf 202311 November Generation Rates.pdf 202310 October Generation Rates.pdf 202309 September Generation Rates.pdf 202308 August Generation Rates.pdf 202307 July Generation Rates.pdf 202306 June Generation Rates.pdf 202305 May Generation Rates.pdf 202304 April Generation Rates.pdf 202303 March Generation Rates.pdf 202302 February Generation Rates.pdf 202301 January Generation Rates.pdf 202212 December Generation Rates.pdf 202211 November Generation Rates.pdf 202210 October Generation Rates.pdf 202209 September Generation Rates.pdf 202208 August Generation Rates.pdf 202207 July Generation Rates.pdf 202206 June Generation Rates.pdf 202205 May Generation Rates.pdf 202204 April Generation Rates.pdf 202203 March Generation Rates.pdf 202202 February Generation Rates.pdf 202201 January Generation Rates.pdf 202112 December Generation Rates.pdf 202111 November Generation Rates.pdf 202110 October Generation Rates.pdf 202109 September Generation Rates.pdf 202108 August Generation Rates.pdf 202107 July Generation Rates.pdf 202105 May Generation Rates.pdf 202104 April Generation Rates.pdf 202103 March Generation Rates.pdf 202102 February Generation Rates.pdf 202101 January Generation Rates.pdf 202012 December Generation Rates.pdf 202011 November Generation Rates.pdf 202010 October Generation Rates.pdf 202009 September Generation Rates.pdf 202008 August Generation Rates.pdf 202007 July Generation Rates.pdf 202006 June Generation Rates.pdf 202005 May Generation Rates.pdf 202004 April Generation Rates.pdf 202003 March Generation Rates.pdf 202002 February Generation Rates.pdf 202001 January Generation Rates.pdf

Generation Charge
This refers to the associated costs for the purchase of power from suppliers through Power Supply Agreements (PSAs) with BENECO or the Wholesale Electricity Spot Market (WESM).

Transmission Charge
This refers to the associated costs to deliver power from the generators to the various BENECO substation facilities passing through the transmission network managed and operated by the National Grid Corporation of the Philippines (NGCP).

System Loss Charge
This refers to the cost to recover the power lost due to technical and non-technical system losses. The maximum level of losses that may be recovered by electric cooperatives was set at 12% by the ERC through its Resolution No.17, Series of 2008. BENECO is currently maintaining a 9% level of system loss.

Distribution Charge
This covers the cost of developing, constructing, operating and maintaining the distribution system of BENECO.

Metering Charge This is the charge for the cost of reading, operating and maintaining power metering facilities and associated equipment, as well as other costs attributed to the provision of metering service.

Supply Charge
This is for the cost of rendering service to customers such as billing, collection, customer assistance and other associated services.

Lifeline Discount or Lifeline Subsidy
This is a socialized pricing mechanism under Section 73 of the EPIRA to benefit marginalized/low-income captive market customers. As approved by the ERC, residential customers using up to 45 kWh in a given month enjoy a Lifeline Discount to be applied to the total of the generation, transmission, system loss, distribution, supply and metering charges. The discount varies according to consumption and is funded by a Lifeline Subsidy Charge to be paid by all other customers.

Senior Citizen Discount or Senior Citizen Subsidy
This is a socialized pricing mechanism for senior citizens provided under Republic Act No. 8884 or the Expanded Senior Citizens Act of 2010. There are two Senior Citizens Discounts provided to end-users. The first provides a maximum of 5% discount on the electricity bills of residential accounts registered under the name of a senior citizen which consume not more than 100 kWh a month. The second grants a 50% discount on the electricity bills of senior citizen institutions accredited by the Department of Social Welfare and Development (DSWD). The discounts are applied on the qualified customers' total generation, transmission, system loss, distribution, supply and metering charges amount, net of lifeline discount, and are funded through a subsidy to be paid by customers that are not availing of the Senior Citizen Discount or the Lifeline Discount. The discount extended will be recovered through Senior Citizen Subsidy to be charged to all other types of consumers not enjoying the discount.

Value Added Tax
This is a consumption tax imposed on the sale of electricity and related services through all the stages of generation, transmission, distribution and sale of electricity to the final consumer. It is a form of indirect sales tax because the total of the VAT collected on each sale transaction in all the stages mentioned is charged to the final consumer as part of the purchased price with sellers and utilities acting merely as tax collectors.

Feed-in-Tariff Allowance
is an additional tariff levied on consumers of electric power connected to the grid and will be given to renewable energy (RE) players as an incentive to invest in the more expensive but less lucrative RE sector.

Universal Charges
This is a charge imposed on all electricity end-users as determined, fixed and approved by the ERC, pursuant to Section 34 of the EPIRA. It is remitted to the Power Sector Assets and Liabilities Management Corporation (PSALM), a government-owned and controlled corporation created by Republic Act No. 9136. At present, the following are the imposed universal charges

  • Missionary Electrification (UC-ME)
    is used to fund the necessary subsidy for the electrification of areas not connected to the transmission system, as mandated under Section 70 of the EPIRA. BENECO does not enjoy any subsidy from this fund.

  • Environmental Charges (UC-EC)
    are collected to be used solely for watershed rehabilitation and management by the National Power Corporation (NPC). Under Section 34(d) of the Republic Act No. 9136, or the Electric Power Industry Reform Act (EPIRA), is pegged at PhP0.0025 per kWh.

  • Stranded Contract Cost (UC-SCC)
    of NPC under Section 32 of the EPIRA, refers to the excess of the contracted cost of electricity under eligible IPP contracts of NPC over the actual selling price of the contracted energy output of such contracts in the market.

  • Stranded Debts (UC-SD)
    of the NPC used to recover the stranded debts entered into by NPC.

  • Renewable Energy Developers’ Cash Incentive
    refers to the incentive given to Renewable Energy Developers who operate in missionary areas.

Other universal charges not yet imposed to electric consumers

  • Stranded Contract Costs of Distribution Utilities

  • Equalization of the taxes and royalties applied to indigenous or renewable sources of energy vis-a-vis imported fuels.