The Energy Regulatory Commission (ERC) has raised the secondary price cap (SPC) in the Wholesale Electricity Spot Market (WESM) to P7.423 per kilowatt-hour (kWh)...
System-wide average price at the Wholesale Electricity Spot Market (WESM) declined by P0.56 per kilowatt-hour (kWh) in November to P3.98 per kWh from P4.54...
Power consumers saved an aggregate net P40 billion in electricity costs between 2014 and 2020 because must-dispatch feed-in tariff (FIT) plants displaced expensive conventional...
Manila Electric Co. (Meralco), the Philippines’ largest power retailer, signaled that higher electricity rates are likely for November bills on rising pass-through charges, led...
The Energy Regulatory Commission (ERC) has approved a total market fee of P0.0071 per kilowatt-hour (kWh), or equivalent to P3.3 billion, for the Independent...
Power retailer Manila Electric Co. (Meralco) on Monday announced an increase of P0.2331 per kilowatt-hour for October 2025 on the back of higher generation...
The Independent Electricity Market Operator of the Philippines (IEMOP), operator of the nation’s electricity spot market, expects average rates across the three grids to...
Richard Nethercott, the former president and chief executive of the Independent Electricity Market Operator of the Philippines (IEMOP), has joined billionaire Enrique Razon Jr.’s...
The Energy Regulatory Commission (ERC) has ordered the resumption of operations of the Wholesale Electricity Spot Market (WESM) in the Bohol and Leyte-Samar sub-grids...
San Miguel Global Power Holdings Corp. (SMGP) said Wednesday its affiliate, South Premiere Power Corp. (SPPC), has been cleared of any violations related to...
Average system-wide prices at the Wholesale Electricity Spot Market (WESM) rose slightly to P3.99 per kilowatt-hour (kWh) in July from P3.86 per kWh in...
The Governance Commission for Government-Owned or Controlled Corporations (GCG) has excluded the Philippine Electricity Market Corp. (PEMC) from the coverage of Republic Act No....
Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped in the first half of 2025 on improved supply margins, growing renewable energy investments...
