
Negros Power electricity rates for March slightly decrease
Central Negros residents will see a slight reprieve in their power bills this month.Negros Electric and Power Corp. announced on Monday, March 16, that its average residential electricity rate this month is ₱11.4107/kWh, a decrease of ₱0.0335/kWh compared to the February rate of ₱11.4442/kWh.The price of electricity from the Wholesale Electricity Spot Market increased from ₱4.4872/kWh to ₱5.4034/kWh, or by ₱0.9162/kWh. Negros Power said.The increase was attributed to the 17-day unexpected outage of Palm Concepcion Power Corp., which resulted in a shortage of power supply to the Visayas Grid and increased market prices, especially during peak demand hours.The rate of Green Core Geothermal Inc. also increased from ₱6.1424/kWh to ₱6.5265/kWh, or an increase of ₱0.3851/kWh, Neg...









