CENECO Prexy Opts to Return P0.22c Bill Increase to Consumers
No less than the president of the Board of Directors of Central Negros Electric Cooperative, Inc. (CENECO) Roy Cordova announced that he opts to return to the consumers the P0.22 centavo increase in the billing considering that the Energy Regulatory Commission (ERC) has recently ordered to hold the implementation of P0.22 centavo increase per kilowatt hour that has been effected by CENECO.
Cordova said “this should be returned to the consumers, so he will convince the other members of the Board to approve this during their board meeting today, Thursday, October 8. He also said that if ever ERC approves the petition of CENECO to impose the P0.22 centavo increase, then that is another story. What is important is they will implement the hold order of ERC,” Cordova said.* (Edith B. Colmo)