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Electricity Rate Increase in the Philippines

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Electricity Rate Increase in the Philippines
« on: March 29, 2012, 09:09:09 PM »
By Amy R. Remo, Cathy C. Yamsuan
Philippine Daily Inquirer

Power consumers should brace themselves for higher electricity rates starting May as the Energy Regulatory Commission allowed state-run National Power Corp. (Napocor) to jack up its generation charges in Luzon, the Visayas and even in brownout-plagued Mindanao.

The ERC approved the increases in generation charges by 69.04 centavos per kilowatt hour (kWh) in Luzon, 60.60 centavos per kWh in the Visayas, and 4.42 centavos per kWh in Mindanao. Currently, Napocor’s effective rate is P5.0160 per kWh in Luzon, P4.0740 per kWh in the Visayas and P2.9321 per kWh in Mindanao.

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