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Power rates in Oriental Mindoro drop by 3% despite Middle East war

Summary by Inquirer
CALAPAN CITY, Oriental Mindoro — Despite rising global petroleum prices driven by war in the Middle East, electricity rates in the province have continued to decline for the third consecutive month this year. In a radio interview on Saturday (March 21), Oriental Mindoro Electric Cooperative (ORMECO) General Manager Engr. Humphrey Dolor said March billing will reflect a reduction of P0.4 per kilowatt-hour. This brings the rate down from P12.65/kW…

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Inquirer broke the news in Manila, Philippines (the) on Sunday, March 22, 2026.
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