Irecting Them To Refund The Total Over Recoveries Charged Their Respective Customers Erc Chairperson Agnes Devanadera Said They Issued Notice Of Resolution For Concerned Dus Already Reflect Necessary Bill Adjustment And Consumers Immediately Benefit From Quot Relevant Formal Decision Will Be As Soon Possible News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BILLS PAYMENT. Power consumers pay their electric bills at the Central Negros Electric Cooperative main office in Bacolod City on Thursday (June 2, 2022). The distribution utility is set to refund its consumers PHP237.949 million worth of over-recoveries for 24 months, starting this June, upon the order of the Energy Regulatory Commission.(Photo courtesy of Erwin P. Nicavera) BACOLOD CITY - Power consumers under the coverage area of the Central Negros Electric Cooperative (Ceneco) will receive a monthly refund of PHP11 million in the next two years starting this June. This was the commitment of the distribution utility (DU) in compliance with the Energy Regulatory Commission (ERC) order to repay PHP237.949 million worth of over-recoveries charged over 14 years to its consumers. As of Saturday, however, the management is preparing to contest the ERC ruling. Lawyer Leonie Vee Garanzo-Apuhin, Ceneco regulatory and compliance officer, said they will seek reconsideration within 15 days from ....

City Of Talisay , Norman Pollentes , Agnes Devanadera , Leonie Vee Garanzo Apuhin , Central Negros Electric Cooperative Ceneco , Energy Regulatory Commission , Central Negros Electric Cooperative , Don Salvador , Bills Payment Power Consumers Pay Their Electric At The Central Negros Cooperative Main Office In Bacolod City On Thursday June 2 , 022 The Distribution Utility Is Set To Refund Its Consumers Php237 949 Million Worth Of Over Recoveries For 24 Months , Tarting This June , Pon The Order Of Energy Regulatory Commission Photo Courtesy Erwinp Nicavera Bacolod City Power Consumers Under Coverage Area Central Negros Electric Cooperative Ceneco Will Receivea Monthly Refund Php11 Million In Next Two Years Starting This June Was Commitment Distribution Utility Du Compliance With Erc To Repay Php237 949 Worth Over Recoveries Charged 14 Its As Saturday , He Management Is Preparing To Contest The Erc Ruling Lawyer Leonie Vee Garanzo Apuhin , Eneco Regulatory And Compliance Officer , Aid They Will Seek Reconsideration Within 15 Days From Receipt Of The Order She Said Though That Sucha Legal Remedy Not Stop Management Implementing Ceneco , Hich Serves Almost 214 , 000 Power Consumers , Overs The Cities Of Bacolod , Nd Silay As Well The Municipalities Of Murcia And Don Salvador Benedicto Corporate Planning Manager Norman Pollentes Said Refund Will Be Reflected Beginning This Month 39s Billing Statement , Ut He Admitted That Ceneco Could Suffer Financially Because Of The Erc Directive Quot It Will Affect Financial Viability As An Electric Cooperative , Uot Pollentes Said Ina Press Briefing Held At The Main Office 39s Annex Building Here On June 2 Refund Will Total Php11 Million Every Month For 24 Months , E Added Pollentes Said The Ceneco Management Will Filea Motion For Reconsideration And Conducta Technical Conference To Seek Clarification On Formula Used By Erc In Arriving At Total Net Over Recoveries Covering Period February 2004 December 2017 Ina Statement May 31 , He Erc Said It Issueda Notice Of Resolution To Ceneco And Two Other Electric Cooperatives , Irecting Them To Refund The Total Over Recoveries Charged Their Respective Customers Erc Chairperson Agnes Devanadera Said They Issued Notice Of Resolution For Concerned Dus Already Reflect Necessary Bill Adjustment And Consumers Immediately Benefit From Quot Relevant Formal Decision Will Be As Soon Possible , Uot She Added According To The Erc , He Dus Have Been Also Directed To Submita Monthly Report ,