29 ¢/kWh decrease CAPELCO Power Rate for the Month of August

For the month of August, Capelco announced the decrease of power rates for residential consumers with 9.8792/ kWh as matched to 10.1732/kWh in the month of July 2016, a 29 ¢ decrease.

The reason of the decrease is due to the drop in the Generation and lower System Loss Rate which brought by the cheaper power rate charges exposed by CAPELCO from the Wholesale Electricity Spot Market (WESM) compared to the previous month.

WESM is one of the Generation Markets where CAPELCO bought power for distribution and utilization of member-consumers as required by EPIRA Law.