PASSED THRU CHARGES
Generation Charge
Is the composite cost of electricity generated and sold to a distribution utility such as Visayan Electric.
Transmission Charge
Is the cost of transmitting power from the generation source to the receiving point of a distribution utility.
Systems Loss Charge
Is the cost of power loss recovery due to technical and non-technical system loss for delivering power to the end users.
DSM CHARGES
Distribution Charge
Is the cost of developing, constructing, operating and maintaining the distribution system, which delivers power from high-voltage transmission grids to end-users.
Supply Charge
Is the cost of rendering service to customers such as billing, collection, customer assistance and other associated services.
Metering Charge
Is the cost of reading, operating and maintaining power metering facilities and other costs attributed to metering service.
OTHER CHARGES
Subsidy on Lifeline Charge
Is the cost of subsidy for the marginalized or low income residential electricity users who consume up to 100 kWh in a month.
Senior Citizen Subsidy Charge
Is the cost of subsidy for the senior citizens who consume up to 100 kWh in a month, discount is 5%. For institutions discount is 50%.
GOVERNMENT CHARGES
A. Government Taxes
Franchise Tax Local
This is paid to local government units, in accordance to ERC Regulations; Visayan Electric ranges from 0.5% to 0.75% of gross revenue. Section 137 of RA 7160 or the Local Government Code of 1991
Value Added Tax
This is the tax imposed on the sale of electricity through all stages of generation, transmission, distribution and all other charges. Republic Act No. 9337 – The Expanded Value-Added Tax Act of 2005
B. Universal Charges
Missionary Electrification
This is to fund the electrification of remote and unviable areas, as well as areas not connected to the transmission system.
NPC Stranded Debts
This is for any unpaid financial obligations which have not been liquidated by the proceeds from the sales and privatization of NPC assets.
Feed In Tariff Allowance
This is a tariff imposed on consumers of electric power, to be used by renewable energy developers/producers.
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