{"id":11747,"date":"2024-08-27T12:59:29","date_gmt":"2024-08-27T12:59:29","guid":{"rendered":"http:\/\/theboholtimes.com\/?p=11747"},"modified":"2024-09-03T06:40:35","modified_gmt":"2024-09-03T06:40:35","slug":"boheco-1-2-raise-higher-power-rates-on-end-users","status":"publish","type":"post","link":"https:\/\/theboholtimes.com\/?p=11747","title":{"rendered":"BOHECO 1 &amp; 2 raise higher power rates on end-users"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"230\" height=\"370\" src=\"https:\/\/theboholtimes.com\/wp-content\/uploads\/2024\/08\/6a-min-2.jpg\" alt=\"\" class=\"wp-image-11748\" style=\"width:311px;height:auto\" srcset=\"https:\/\/theboholtimes.com\/wp-content\/uploads\/2024\/08\/6a-min-2.jpg 230w, https:\/\/theboholtimes.com\/wp-content\/uploads\/2024\/08\/6a-min-2-186x300.jpg 186w\" sizes=\"(max-width: 230px) 100vw, 230px\" \/><figcaption class=\"wp-element-caption\"><strong>REGULATED CHARGES AND SUBSIDIES (\u20b10.3092)<\/strong>: <em>These cover payments to government entities like PSALM and TransCo, as well as subsidies for qualified Lifeline Consumers and Senior Citizens. (rvo)<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"\">THE electric distribution utilities in the province have increased the power rates separately and are determined to collect them from their respective area of coverage.<\/p>\n\n\n\n<p class=\"\">Bohol Electric Cooperative I and II raised their power rates \u201cdue to higher cost of electricity purchased from Wholesale Electricity Spot Market (WESM),\u201d according to their respective announcements in the social media.<\/p>\n\n\n\n<p class=\"\">BOHECO I raises the residential power rates to P11.43\/kilowatt-hour effective in August from P8.47\/kwh in July, or a difference of P2.96\/kwh.<\/p>\n\n\n\n<p class=\"\">BOHECO II, on the same vein, imposes higher than BOHECO I with P13.96\/kwh in August, higher than July\u2019s P10.26, or a difference of P3.70\/kwh.<\/p>\n\n\n\n<p class=\"\">It was not immediately known why the BOHECOs have no uniform power rates imposed on its end-users.<\/p>\n\n\n\n<p class=\"\">The high rates of the so-called generation rate, transmission rate, systems loss and value-added tax (VAT), which are all considered as monthly variables, are described as \u201cpass-through charges\u201d against the consumers, BOHECO II said in its information to its clientele.<\/p>\n\n\n\n<p class=\"\">BOHECO II explained that the distribution, supply and metering (DSM) charges amounting to a total of P1.93\/kwh is being used for expenses in administrative, operation and maintenance.<\/p>\n\n\n\n<p class=\"\">DSM is a fixed rate and it could not just be increased without the imprimatur of the Energy Regulatory Commission (ERC), it said.<\/p>\n\n\n\n<p class=\"\">BOHECO I expounds the following breakdown \u201cto know where your hard-earned money goes:\u201d<\/p>\n\n\n\n<p class=\"\">POWER GENERATION (\u20b17.0068): This goes directly to our power suppliers (CEDC, EDC, WESM, Net Metering) for a stable supply of electricity.<\/p>\n\n\n\n<p class=\"\">TRANSMISSION (\u20b10.6615): This pays the National Grid Corporation of the Philippines (NGCP) for delivering power from power plants to our substations.<\/p>\n\n\n\n<p class=\"\">SYSTEM LOSS (\u20b10.4919): This covers unavoidable energy loss during transmission, also paid to power suppliers.<\/p>\n\n\n\n<p class=\"\">DISTRIBUTION, SUPPLY AND DSM CHARGES (\u20b11.6109): These charges are the only that go directly to BOHECO I to ensure operational efficiency in providing power to your homes, businesses and essential services.<\/p>\n\n\n\n<p class=\"\">REINVESTMENT FUND FOR SUSTAINABLE CAPEX (RFSC) (\u20b10.5232): Although collected by BOHECO I, it is used to invest in critical infrastructure projects like substations that benefit our community&#8217;s long-term power reliability and stability.<\/p>\n\n\n\n<p class=\"\">Both DSM and RFSC charges are regulated by the ERC, which means that BOHECO I cannot adjust them without the ERC approval.<\/p>\n\n\n\n<p class=\"\">TAXES (\u20b10.7742): This is the Value Added Tax (VAT) that goes directly to the government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE electric distribution utilities in the province have increased the power rates separately and are determined to collect them from their respective area of coverage. Bohol Electric Cooperative I and II raised their power rates \u201cdue to higher cost of electricity purchased from Wholesale Electricity Spot Market (WESM),\u201d according to<\/p>\n","protected":false},"author":2,"featured_media":11750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[7,13],"tags":[],"class_list":["post-11747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-top-stories",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BOHECO 1 &amp; 2 raise higher power rates on end-users - The Bohol Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theboholtimes.com\/?p=11747\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BOHECO 1 &amp; 2 raise higher power rates on end-users - The Bohol Times\" \/>\n<meta property=\"og:description\" content=\"THE electric distribution utilities in the province have increased the power rates separately and are determined to collect them from their respective area of coverage. Bohol Electric Cooperative I and II raised their power rates \u201cdue to higher cost of electricity purchased from Wholesale Electricity Spot Market (WESM),\u201d according to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theboholtimes.com\/?p=11747\" \/>\n<meta property=\"og:site_name\" content=\"The Bohol Times\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-27T12:59:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-03T06:40:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theboholtimes.com\/wp-content\/uploads\/2024\/08\/6F-min-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"The BoholTimes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The BoholTimes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/theboholtimes.com\\\/?p=11747#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theboholtimes.com\\\/?p=11747\"},\"author\":{\"name\":\"The BoholTimes\",\"@id\":\"https:\\\/\\\/theboholtimes.com\\\/#\\\/schema\\\/person\\\/9540111114dea755c90d5e1da170291e\"},\"headline\":\"BOHECO 1 &amp; 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Bohol Electric Cooperative I and II raised their power rates \u201cdue to higher cost of electricity purchased from Wholesale Electricity Spot Market (WESM),\u201d according to","_links":{"self":[{"href":"https:\/\/theboholtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/11747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theboholtimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theboholtimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theboholtimes.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theboholtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11747"}],"version-history":[{"count":1,"href":"https:\/\/theboholtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/11747\/revisions"}],"predecessor-version":[{"id":11751,"href":"https:\/\/theboholtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/11747\/revisions\/11751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theboholtimes.com\/index.php?rest_route=\/wp\/v2\/media\/11750"}],"wp:attachment":[{"href":"https:\/\/theboholtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theboholtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theboholtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}