Visayan Electric has implemented a P0.26/kWh rate decrease for its residential customers for the billing month of October-November. This is the sixth month that the electric utility has implemented a rate decrease.
Always be mindful of electricity consumption and practice energy conservation to avoid bill shock. Energy-saving measures can significantly contribute to better managing energy consumption.
Engr. Raul C. Lucero
President and Chief Operating Officer
Visayan Electric Co.
From a rate of P12.27/kWh for the Sept-Oct billing period, rates for this current month is at P12.01/kWh or a savings of P52 for residential customers who have a monthly average consumption of 200 kWh.
Visayan Electric President and Chief Operating Officer Engr. Raul C. Lucero said the rate reduction is mainly due to lower coal prices in the world market.
“This is great news for our residential customers, especially since the rates have been going down for the last six months. However, we should not be complacent. Historically, as we move toward the holidays, electric consumption goes up and there are also possibilities of price increases in the world market, which we cannot control,” he said.
Lucero advised electricity consumers to always be mindful of their electricity consumption and practice energy conservation to avoid bill shock. Energy-saving measures, such as disconnecting idle appliances, transitioning to energy-efficient LED lighting and the utilization of appliances with high energy ratings and low wattage can significantly contribute to better managing energy consumption.
Paying for Visayan Electric bills has also become easier and more convenient with the recent addition of a payment function in the mobile application MobileAP. Available for iOS and Android users, MobileAP offers easy and convenient tracking of electricity bills and payment options for registered customers who have accounts with Unionbank, RCBC and BPI.
Electricity bill payments are also accepted at the different third party agents that include Bayad Center, Cebuana Lhuillier, M Lhuillier, 2GO, ECPay, SM Hypermarket, SM Department Store, Savemore Market, and SM Business Services, as well as online payment channels such as GCash and Maya.
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