Zamboanga enjoys stable and lower electricity rates

By Alena Mae S. Flores – June 15, 2023, 8:55 pm
from manilastandard.net

Zamboanga City Electric Cooperative said Thursday the substantial improvements in power stability and lower rates in Zamboanga over the past five years resulted in significant growth for the region’s business and tourism sectors.

“We’ve been working diligently to improve the infrastructure and grid management in Zamboanga for the last five years. It’s great to see that our efforts have translated into positive effects to businesses and tourism in the province,” Zamcelco chief management officer Rommel Agan said.

Zamcelco’s residential power rates have been on a decline for the past several months. Zamcelco rates went down to P11.3119 per kilowatt-hour in May from P12.309 per kWh in April.

“Since the start of WESM (Wholesale Electricity Spot Market) Mindanao in January, we stopped nominating from embedded genco with the highest cost,” Agan said.

Zamcelco’s customer base reached 125,145, posting a steady increase since 2017.

Agan said that Zamcelco’s efforts to ensure a stable, reliable and affordable electricity supply has created a solid foundation for businesses and the tourism industry to thrive.