Power consumers will likely see higher transmission charges in their February electricity bills following a 13.55-percent increase in the overall average transmission rate for the January billing period, the National Grid Corp. of the Philippines (NGCP) said Thursday.
The rate rose to P1.5279 per kilowatthour (kWh) from P1.3455 per kWh, reflecting an increase of P0.1824 per kWh. Within this cost, the rate for ancillary services (AS) stands at P0.6736 per kWh, covering costs from the reserve market and providers with bilateral contracts.
The transmission wheeling rate, which represents the fee for delivering electricity through the grid, is P0.6921 per kWh.
“For the February 2026 electric bill of power consumers, NGCP charges only around P0.69 per kWh for the delivery of its services,” NGCP said, adding that its revenues are regulated and capped by the Energy Regulatory Commission (ERC). These charges are passed on to end-users through distribution utilities and electric cooperatives.
The grid operator also welcomed the ERC approval of its annual revenue requirement (ARR) and maximum allowable revenue (MAR) for the fifth regulatory period. For 2023 to 2027, the ERC approved an ARR of P374.98 billion, down 15.28 percent from the P442.60 billion originally applied for by the company.
The ERC set the MAR at P63.45 billion for 2023, P69.14 billion for 2024, P74.3 billion for 2025, P81 billion for 2026 and P88.48 billion for 2027.
The ARR covers operating costs and investments, while the MAR serves as a revenue ceiling on the amount the company can collect from consumers.
NGCP spokesperson Cynthia Perez-Alabanza said the company would coordinate with the ERC on the impact of the decision.
NGCP manages the high-voltage transmission system that moves electricity from power plants to distribution networks across Luzon, Visayas and Mindanao.
