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August 31, 2025

Rates

Power Rate Update
(August, 2025)

July
August
Changes
WESM
3.9952
3.9793
📉 0.0159
NGCP
0.9650
1.1206
📈 0.1556
ZAMECO II
1.4640
1.4640
➖ No Change Since 2011
Gov’t Revenue
& Mandated Charges
1.7781
1.7535
📉 0.0246
Although there was a decrease in the effective power rate for August 2025 in the Generation Charge and Government Revenue and Mandated Charges, an increase in the Transmission Charges due to higher Power Delivery Service Charge for the month led to a final rate 0.1151 pesos/kWh higher compared to July 2025 Power Rate.

Despite changes in the Monthly Power Rate, ZAMECO II’s revenue (Distribution, Supply and Metering charges) has remained unchanged since February 2011, in accordance with ERC Case No. 2009-126 RC. The variations in the Monthly Power Rate are primarily driven by changes in Generation Charges, which are pass-through costs.

Power Rate Update
(July, 2025)

June
July
Changes
WESM
1.4686
3.9952
📈 2.5266
NGCP
1.1737
1.4511
📈 0.2774
ZAMECO II
1.4640
1.4640
➖ No Change Since 2011
Gov’t Revenue
& Mandated Charges
1.3277
1.2920
📉 0.0357
The increase in the Effective Power Rate for July 2025 is attributed to the completion of the Automatic Cost Adjustment and True-up Mechanism, which addressed the return of over collections in generation and transmission charges which was reflected to the June 2025 billing. Therefore, the generation rate has normalized for July 2025.

Power Rate Update
(January to June, 2025)

January
February
March
April
May
June
WESM
7.6644
7.5960
6.5550
5.8349
4.6814
1.4686
NGCP
1.7922
1.7083
1.8271
1.8865
1.2909
1.1737
ZAMECO II
1.4640
1.4640
1.4640
1.4640
1.4640
1.4640
Gov’t Revenue
& Mandated Charges
1.7919
1.7916
1.7081
1.4633
1.3531
1.3277

The gradual decrease of generation rate from January to June is due to the lower average price in the Wholesale Electricity Spot Market (WESM). ZAMECO II is currently sourcing its electricity supply from the WESM due to the expiration of its contract for the sale of electric energy from MPPCL last February 25, 2025. The said lower electricity prices in the WESM is brought about by higher power supply margin and improved market conditions.

Additionally, the implementation of ERC Resolution No. 14 s. of 2022 (Article 5 Section 1) which allows for the Automatic Cost Adjustment and True-up Mechanism of any over- or under-collection in generation and transmission charges, which further affects the power rate adjustments.

Despite changes in the Monthly Power Rate, ZAMECO II’s revenue (Distribution, Supply and Metering charges) has remained unchanged since February 2011, in accordance with ERC Case No. 2009-126 RC. The variations in the Monthly Power Rate are primarily driven by changes in Generation Charges, which are pass-through costs.