Amid inflated coal and gas prices, the Zamboanga City Electric Cooperative (ZAMCELCO) managed to retain low electricity rates for its consumers, and have the second lowest average generation charge in Mindanao.
ZAMCELCO kept its generation charge at Php 12.2071 per kilowatt-hour (kWh) on average throughout January to May this year, one of the cheapest in Mindanao. The power cooperative, which has a new management company since 2019, was also able to keep its fees economical despite the increase in consumption, which reached a total of 609,425,759 kWh in 2022, a 13% increase from four years ago.
ZAMCELCO Chief Management Officer Rommel S. Agan attributed the low prices to the company’s efforts in “managing the supply contracts of the cooperative to achieve the most favorable power mix for our customers”
“Despite the difficulties, Zamboangeños can rest assured that our management is doing their best. Employees, rain or shine, are working to bring that stability into our city’s power,” ZAMCELCO Executive Committee Chairman Jomar Castillo added.
“While Zamboangeños and all Filipinos are dealing with high commodity prices right now, we’re glad that we’re able to continue to offer stable electricity and prices for our Member-Consumers,” ZAMCELCO General Manager Engr. Gannymede B. Tiu shared in a statement.
ZAMCELCO’s achievement in maintaining low power rates amidst challenging market conditions highlights the importance of efficient management and strategic decision-making in the energy sector. “As energy prices continue to fluctuate, consumers can find solace in the efforts of cooperatives like ZAMCELCO, which prioritize affordability and stability in their operations, ultimately benefiting the communities they serve,” Tiu added.
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