ERC Directs Nuvelco to Collect Universal Charge

Gabut, Dupax del Sur. The Energy Regulatory Commission (ERC) has directed all distribution utilities like NUVELCO to continue collect from the consumers the Universal Charge-NPC SCC in the amount of Php 0.1938 per kwh starting March 2017 billing period and remit the same to PSALM.

Consumers of NUVELCO are expected to have an increase of their power bill effective March 2017 billing.

The order from ERC dated March 6, 2017 authorizes the Power Sector Assets and Liabilities Management Corp to continuously implement the NCP’s stranded cost portion of the Universal Charge rate of P0.1938/kwh until the approved amount of Php53.851 billion is fully recovered.

Nuvelco is only a collecting agent and all collections are directly remitted to PSALM.

About Nuvelco

National Highway, Brgy. Gabut, Dupax del Sur, Nueva Vizcaya

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