WESM (Wholesale Electricity Spot Market) power prices dropped 18.6% in January, led by steep declines in the Visayas and Mindanao amid lower nationwide demand.
Consumer group Partners for Affordable & Reliable Energy (PARE) urges clarity on Nordeco’s WESM status, citing consumer risks, power outages, and the need for regulator intervention.
The National Electrification Administration (NEA) released ₱2.8 billion in loans to 45 electric cooperatives, boosting rural electrification and supporting power distribution upgrades nationwide.
Consumer groups nationwide are raising their voices against electric cooperatives, urging reforms for fair rates, better service, and consistent, reliable power.