Brace for Higher Electric Bills in June – CASURECO II

Naga City (March 15, 2011) – High electricity bills are inevitable and forthcoming and Jane Barrameda, OIC Manager of the Camarines Sur II Electric Cooperative (CASURECO II), urges member-consumers to implement their own energy-saving  measures to render the power hike tolerable.

Barrameda says the the higher cost of power that the cooperative has started buying from its fallback source, the Wholesale Electricity Spot Market (WESM), shall now be passed on to the consumers and will start showing in June electric bills.

The Therma Luzon Incorporated (TLI) that used to sell electricity at much lower price has stopped supplying electricity to CASURECO II because of the cooperative’s failure to pay its indebtedness for March. CASURECO II now owes TLI over 60 million pesos.

According to Barrameda, the electric cooperative has been troubled by low collection rate. Earlier, she denounced some big consumers who stall off the cooperative by tying it to prolonged litigation, instead of just simply paying their bills.

Barrameda advices the consumers to use electricity sparingly during peak hours from 9:00 AM. to 2:00 P.M. when the rate per kilowatt-hour hovers in the range of 21 to 58 pesos.

For now, we cannot do anything about the high cost of power but to consume less electricity, Barrameda concludes.