Ilocos Norte Electric Cooperative, Inc.

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UNBUNDLED RATE SCHEDULE

JANUARY 2010 BILLING

		Residential	Small Commercial	Large Commercial	Industrial	Irrigation	Public Building	Street Lights
Generation Charge	P/kWh	4.2619	4.2619	4.2619	4.2619	4.2619	4.2619	4.2619
Transmission Charge
Demand Charge	P/kW			5.14	1.83
Transmission Charge	P/kWh	0.6464	0.4275	0.6027	0.3975	0.8033	0.4028	0.3702
System Loss Charge	P/kWh	0.7206	0.7206	0.7206	0.7206	0.7206	0.7206	0.7206
Distribution Charge
Demand Charge	P/kWh			19.36	19.36
Distribution System Charge	P/kWh	0.8852	0.6541	0.3901	0.5792	0.3134	1.2259	1.7702
Supply Charge
Retail Customer Charge	P/Cust./mo.		40.01	40.01	95.99	40.02	39.24	40.01
Supply System Charge	P/kWh	0.5889
Metering Charge
Retail Customer Charge	P/Meter/mo.	5.00	30.81	83.44	616.22	176.51	29.23	24.02
Metering System Charge	P/kWh	0.3066
Inter-Class Cross Subsidy Charge	P/kWh	Removed Effective May 2008 Billing as per ERC Order dated May 31, 2006
Universal Charge
Missionary Electrification Charge	P/kWh	0.0978	0.0978	0.0978	0.0978	0.0978	0.0978	0.0978
Environmental Share	P/kWh	0.0025	0.0025	0.0025	0.0025	0.0025	0.0025	0.0025
Lifeline Rate (Discount)/ Subsidy	P/kWh	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759	0.0759
Power Act Reduction	P/kWh
Reduction due to Loan Condonation	P/kWh	(0.1768)	(0.1080)	(0.0818)	(0.3586)	(0.0544)	(0.0703)	(0.2666)
	P/Cust./mo.	-	(3.0153)	(7.6715)	(234.1119)	(15.9048)	(0.3909)	(0.3423)
Total Unbundled Rate P/KWH		7.4091	6.1324	6.0698	4.9951	5.4004	5.8177	6.1740
Generation VAT	P/kWh	0.1451	0.1451	0.1451	0.1451	0.1451	0.1451	0.1451
Transmission VAT	P/kWh
System Loss VAT	P/kWh	0.0216	0.0216	0.0216	0.0216	0.0216	0.0216	0.0216
Distribution VAT	%VATable	12%	12%	12%	12%	12%	12%	12%
Others VAT	%VATable	12%	12%	12%	12%	12%	12%	12%
Franchise Tax (CITY)	%VATable	0.0825%	0.0825%	0.0825%	0.0825%	0.0825%	0.0825%	0.0825%
Franchise Tax (PROVINCE)	%VATable	0.50%	0.50%	0.50%	0.50%	0.50%	0.50%	0.50%
GENERATION COST
National Grid Corporation		NorthWind Power Corporation		Wholesale Electricity Spot Market		INEC Mini-Hydro Power Plant
2.7027		4.4408				3.9197

Ilocos Norte Electric Cooperative
copyright 2007-2008 For Comments and Suggestions Please Contact Vic S. Torio : EJ T. Mandac