The Energy Regulatory Commission (ERC) has ordered the temporary suspension of the Wholesale Electricity Spot Market (WESM) across Luzon, Visayas, and Mindanao effective Thursday,...
Power retailer Manila Electric Co. (Meralco) said Friday electricity rates for February 2026 may increase, based on preliminary data from suppliers that point to...
Manila Electric Co. announced Monday a reduction in electricity rates of P0.1637 per kilowatt-hour for January bills, marking the second consecutive month of price...
The real-time operations team of the Independent Market Operator of the Philippines (IEMOP) monitors the supply and demand scenario at the Wholesale Electricity Spot...
System-wide average electricity spot market prices rose to P4.38 per kilowatt-hour (kWh) in December 2025 from P3.98 per kWh in the previous month, according...
MORE Electric and Power Corp announced a reduction in its electricity rates for December by P0.5081 per kilowatt hour (kWh) from the previous month.
The...
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...
