Inquirer.net·3 min read·medium
June power bills go up as spot market prices rise
E
Emmanuel John B. Abris
✦AI Summary
Electricity consumers in the Philippines face higher bills this month due to a 22.7 percent surge in wholesale electricity spot market prices. The increase is attributed to tighter power supply conditions, forced plant outages, and reserve deficiencies across the Luzon, Visayas, and Mindanao grids.
MANILA, Philippines - Consumers may see higher electricity bills this month after wholesale electricity prices surged during the June billing period, reflecting tighter power supply conditions across the country.
economybusiness
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