Monday, May 18, 2026
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Tag: electricity prices

Average electricity spot market prices ease as gas plants reopen

The Independent Electricity Market Operator of the Philippines said Tuesday average electricity prices at the spot market for Luzon and Visayas went down by...

ERC starts review of secondary price cap at electricity spot market

The Energy Regulatory Commission said Monday it started the review of the secondary price cap imposed at the spot market, but conceded that its...

Spot market electricity prices rose in December on thin supply

Electricity prices at the Wholesale Electricity Spot Market went up slightly in December because of thin supply despite the lower demand. Preliminary effective spot settlement...

Luzon grid faces ‘challenging’ power supply situation next year—Semirara

The Luzon grid faces a “challenging” situation next year as the power supply is expected to remain tight and electricity prices are forecasted to...

ERC offers solutions to help Batangas power consumers

The Energy Regulatory Commission on Friday proposed several solutions to help Batangas I Electric Cooperative, Inc. and its customers cope with rising electricity prices. The...

Expect higher electricity rates

“SMCGP is also investing in new, cleaner, natural gas capacities, to help smoothen the Philippines’ transition away from coal power, without compromising its supply...

Electricity spot market prices slightly decreased in May on adequate supply

The average electricity prices at the Wholesale Electricity Spot Market declined slightly to P6.21 per kilowatt-hour in May from P6.26 per kWh in April...

WESM spot prices increased in May

The average electricity prices at the Wholesale Electricity Spot Market, the trading floor of electricity, surged in May to nearly P8 per kilowatt-hour on...

Power rate likely to rise starting June

The Independent Electricity Market Operator of the Philippines assured the public of sufficient power supply to meet the expected increase in demand in June...

Electricity prices at the spot market drop almost 40%

The average prices at the Wholesale Electricity Spot Market plunged by almost 40 percent in the first week of the 30-day enhanced community quarantine...

Second package of tax reforms seen to increase electricity prices

A consumer watchdog warned the implementation of the second package of the Tax Reform for Acceleration and Inclusion law will increase power prices. “We are...
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