Higher electricity prices expected this ‘summer’ in Metro Cebu

Higher electricity prices expected this ‘summer’ in Metro Cebu

CEBU CITY, Philippines — Consumers in Metro Cebu should tighten their belts as power rates are expected to go up this summer. Distributor Visayan Electric announced on Monday, April 21 that there will be a P1.14 per kilowatt-hour (kWh) increase in residential rates, bringing the total residential rate to P11.78/kWh. To illustrate, a household consuming 200 kWh can expect an increase of P228 on their monthly bill. READ: Electricity rates in PH: W…

Oleg Pendzin, a member of the Economic Discussion Club, told about this on Espreso. Traditionally, with the beginning of summer, Ukrainians are faced with a potential increase in electricity tariffs. This year is likely to be no exception.” The authorities are trying to slightly raise the price of electricity in June. You can expect something similar this year — the price of electricity is likely to rise a little,” Pendzin said. Unlike electrici…

WESM increases generation charges

• GILBERT P. BAYORAN Negros Power consumers may expect an increase in residential rates by P0.87 this April, after the Wholesale Electricity Spot Market (WESM) prices doubled this month from P3.5383/kWh to P6.6865/kWh. The increase in generation charge has a… The post WESM increases generation charges appeared first on Visayan Daily Star.

Negros Power rates up P0.8794/kWh; Summer heat causing Visayas price hikes  - Digicast Negros

The Negros Electric and Power Corp. rates are up by P0.8794 per kilowatt hour this April. The power rates increased from P11.4766/kWh in March to P12.3563/kWh in April, a press release from Negros Power said. It attributed the increase to the Wholesale Electricity Spot Market (WESM) prices that doubled from P3.5383/kWh to P6.6865/kWh in April. […] The post Negros Power rates up P0.8794/kWh; Summer heat causing Visayas price hikes  appeared first…