POWER prices in August averaged P5.94 per kilowatt-hour (kWh), down by 3 centavos from P5.97 per kWh back in July, the Independent Electricity Market Operator of the Philippines Inc. (Iemop) said, citing the increase in availability of hydro plants.
"Despite increase in demand for August, the available supply is higher for this specific billing period, hence, there is a wider supply margin mainly because the hydropower plants' contribution has increased," said Arjon Valencia, Iemop corporate planning and communications manager.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.