The Philippines’ power rates are among the highest in Asean, but are at par with Singapore, the Energy Department said in the newly released Power Development Plan for 2016 to 2040.
Data from the Energy Department’s PDP showed the Philippines and Singapore’s power rates were at the same level at P5.84 per kilowatt-hour for industries.
The Philippines, however, has a higher rate for commercial customers at P7.49 per kWh, compared with Singapore’s P7.29 per kWh. Household or domestic rates in the Philippines were at P8.90 per kWh, higher than Singapore’s P7.27 per kWh.
“Philippine power rates across the three sectors are among the highest in Asean but at par with the level of Singapore. A major reason for these higher prices is the absence of government subsidies,” the report said.
Power rates of industries of Thailand were at P5.37 per kWh, Malaysia at P4.71 per kWh and Indonesia at P1.66 per kWh. Commercial rates in Thailand were at P5.37 per kWh, Malaysia at P4.97 per kWh and Indonesia at P2.15 per kWh.
Domestic or household rates in Thailand were at P5.52 per kWh, Malaysia at P6.02 per kWh and Indonesia at P1.29 per kWh.
“In addition, taxes, fees, and other charges are also levied on the power industry sectors composed on the generation, transmission, and distribution levels which constitute a portion on electricity rates in the Philippines,” it said.