December 22, 2021

Average power spot market price climbs by 22%–IEMOP

BY LENIE LECTURA – DECEMBER 22, 2021 from Business Mirror The average spot price of electricity on the Wholesale Electricity Spot Market (WESM) as of December 18 went up to P6.32 per kilowatt hour (kWh) from November’s P5.17 per kWh. […]
November 29, 2021

Resumption of Malampaya gas operation leads to lower average price at electricity spot market

By Alena Mae S. Flores – November 28, 2021 at 08:10 pm from manilastandard.net The average electricity price at the Wholesale Electricity Spot Market declined this month to P5.20 per kilowatt-hour from P6.51 per kWh in October on higher power […]
September 30, 2021

Customers affected by cable outage to get refund–PEMC

BY LENIE LECTURA – SEPTEMBER 29, 2021 from Business Mirror The Philippine Electricity Market Corp. (PEMC) will recommend to the Energy Regulatory Commission (ERC) a pricing scheme for the duration of the outage of the Cebu-Negros Submarine Cable, in its […]
July 20, 2021

Co-ops: Supply issues caused higher power prices

By Angelica Y. Yang – July 18, 2021 | 7:59 pm from Business World   THE PHILIPPINE Rural Electric Cooperatives Association, Inc. (Philreca) said that electricity rates rose in June due to supply issues and not the failure of electric […]