00:00The public needs to tighten their belt starting this month.
00:03This comes as a result of the increase in transmission charges
00:07which are passed on to distribution utilities such as Meralko or electric cooperatives.
00:13According to the National Grid Corporation of the Philippines or NGCP,
00:17there is a total increase of 11 centavos per kilowatt hour in the transmission charge for the August bill.
00:24The NGCP aims to recoup its under-recoveries from 2016 to 2022
00:30which will be paid at 0.3 centavos monthly over a period of seven years.
00:36Also included is the ERC-approved new and higher maximum allowable revenue of NGCP
00:42resulting in additional charges of 0.6 centavos starting this month.
00:48Furthermore, another reason is the drop in electricity consumption from June to July billing period.
00:53Yung nakikita nating dagdag singil,
01:00dalayan ng pagkikilala ng ERC sa mga ginastos ng NGCP nung mula 2016 hanggang ngayon
01:08na hindi nakolekta ng mga panahon yun dahil nga sa hindi pagkakaroon ng fourth regulatory reset.
01:16There will be an increase on the transmission rates in terms of peso per kilowatt
01:23that will be translated by the distribution utilities on their respective end consumers.
01:31There will be an increase on the transmission rates in place,
01:35the
