Lower transmission fees to bring down May power bills
The reduction will be reflected in electricity bills nationwide, as distribution utilities — including Manila Electric Co. and electric cooperatives — pass on NGCP transmission charges to consumers.
(FILE PHOTO) President Ferdinand R. Marcos Jr. leads the inauguration of the Hermosa-San Jose 500 kilovolt (kV) transmission project on July 12, 2024, at the National Grid Corporation of the Philippines Hermosa Sub Station in Bataan with (from left to right) Technical Officer and concurrent VP of Planning and Engineering Rico Vega, Governor Jose Enrique Garcia III, NGCP President and CEO Anthony Almeda, NGCP Vice Chairman Mr. Henry Jr., SAP Antonio Lagdameo Jr. and DOE Usec. Rowena Cristina Guevarra. The Mariveles-Hermosa-San Jose Transmission Line, is expected to benefit around 59 million power users in Luzon by stabilizing power transmission services. This project ensures the reliability and sustainability of the power grid, capable of transmitting 8,000MW from power plants in Bataan and Zambales. This is part of NGCP's long-term vision for a resilient power grid, and is valued at PhP20.94 billion and includes numerous transmission towers, overhead lines, and substations. NGCP President Anthony Almeda has acknowledged President Ferdinand Marcos Jr.'s support in advancing major infrastructure projects, contributing to economic growth.
Photo by YUMMIE DINGDING
