High generation, transmission costs push up Iloilo City power rates
ILOILO CITY, July 21 -- Higher generation and transmission charges driven by tight power supply and transmission constraints in the Visayas grid pushed up electricity rates in Iloilo City this month, according to More Electric and Power Corp. (MORE Power).
The residential electricity rate rose by PHP0.4389 per kilowatt-hour (kWh) to PHP14.349 per kWh in July from PHP13.91 per kWh in June. The commercial rate also increased to PHP13.48 per kWh from PHP13.04 per kWh.
For residential consumers, the generation charge posted the biggest increase at PHP0.33 per kWh, followed by transmission at PHP0.091 per kWh, system loss at PHP0.0028 per kWh, and government taxes and other charges at PHP0.0166 per kWh.
MORE Power spokesperson Angel Tan sai...
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