MANILA, Philippines — Electricity spot market prices showed a spike in May because the Visayas grid suffered thin power supplies, and nationwide rates are expected to balloon further following the

NGCP logo, the country's electricity superhighway - File photo MANILA, Philippines – The Visayas continues to experience tight power situation amid the unavailability of three…

Independent Electricity Market Operator of the Philippines (IEMOP) MANILA, Philippines – The average spot market power price could hit P9 per kilowatt hour (kWh) if the…

MANILA, Philippines — Electricity spot market prices showed a spike in May because the Visayas grid suffered thin power supplies, and nationwide rates are expected to balloon…

The rate hike comes amid higher generation charges brought by tight supply conditions in the Luzon grid

MANILA, Philippines — Manila Electric Co. (Meralco) consumers must brace for higher power bills this month as the generation charge increased due to the tight supply in Luzon and…