09/09/2026
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VISAYAS, MINDANAO POWER SPOT PRICES NEAR P20/KWH
Electricity spot prices in the Visayas surged by 64.9% in August, reaching P18.59 per kilowatt-hour (kWh) from P11.29 per kWh in the previous month.
Mindanao saw an even sharper increase, with prices jumping 88.2% to P19.56 per kWh from P10.39 per kWh.
Luzon, meanwhile, bucked the trend, with spot prices falling 34.2% to P4.80 per kWh from P7.30 per kWh.
The steep increases in the Visayas and Mindanao were attributed to tighter power supply amid higher electricity demand.
The latest spot market prices are expected to be reflected in consumers’ power bills this month. | via Brix Lelis
