The Energy Regulatory Commission (ERC) on Thursday reported a decline in average power generation rates across 15 of 17 regions in May this year, citing favorable conditions at the Wholesale Electricity Spot Market (WESM), a drop in imported coal prices, and a stronger peso. The rates, particularly significant for corporate and commercial consumers, are expected to ease electricity costs and boost business confidence in key areas.
Western Visayas posted the sharpest decline at 12.7 percent, with generation rates dropping to ₱6.2 per kWh. The National Capital Region also saw a 3.8 percent decrease, bringing the rate to ₱7.5 per kWh. Only Mimaropa and BARMM, both largely off-grid, saw no reductions.
ERC Chair Monalisa Dimalanta credited the improved regulatory enforcement and timely actions as additional factors behind the rate cuts, reaffirming the commission’s commitment to ensuring least-cost electricity delivery to consumers.
The ERC also announced launching a formal inquiry into persistent power issues in Siquijor, identifying lapses by local providers Prosielco and Sipcor. These include operational and regulatory violations such as inadequate maintenance and non-compliance with safety certifications. A public hearing is set for 3 July 2025 as the ERC seeks long-term solutions for stable power in off-grid areas.
