October 3, 2024

WESM rates down for 4th straight month

By Brix Lelis – October 3, 2024 | 12:00am from The Philippine Star Latest data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed that system-wide WESM rates dropped by 34.7 percent to P3.88 per kilowatt-hour last month […]
September 4, 2024

Power prices at spot market fell in August

By Alena Mae S. Flores – September 3, 2024, 8:00 pm from manilastandard.net Average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined in August 2024 by 0.4 percent to P5.94 per kilowatt-hour from P5.97 per kWh in July […]
August 10, 2024

Power rates likely lower in August — Meralco

By Alena Mae S. Flores – August 8, 2024, 8:40 pm from manilastandard.net Power generation charges likely decreased this month on lower demand and better supply, power retailer Manila Electric Co. said Thursday. “While we have yet to receive all […]
August 6, 2024

Power prices at spot market declined in July

By Alena Mae S. Flores – August 4, 2024, 8:25 pm from manilastandard.net THE Independent Electricity Market Operator of the Philippines (IEMOP) announced slightly lower systemwide power rates at the spot market in July amid lower demand. Preliminary data from […]