Electricity bills in Bukidnon are set to rise this August as transmission and ancillary service rates increase. Consumers, including members of the First Bukidnon Electric Cooperative, Inc. Will see higher charges due to the National Grid Corporation of the Philippines’ (NGCP) decision to raise average transmission rates. The increase follows a sharp surge in costs, impacting households and businesses across the region.
The NGCP reported that the rise in transmission rates is part of broader adjustments to cover operational expenses and maintain grid stability. While the exact percentage increase was not specified, the change is expected to be noticeable on August bills. Local cooperatives, including FIBECO, have not yet announced specific adjustments to consumer rates, leaving many residents uncertain about the full financial impact.
Residents in Bukidnon are preparing for the additional costs, with some expressing concern over the timing of the increase. With rising living expenses, the higher bills may strain household budgets. The situation highlights ongoing challenges in managing energy costs amid fluctuating market conditions and infrastructure demands.
The government has not yet issued a statement on the matter, but officials are expected to monitor the impact on consumers. As the billing cycle approaches, many are closely watching for further details on how the rate changes will affect their monthly expenses.
