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MORE Power: Php 6.38 kWh for September

Php 6.38 kWh for September

MORE Power: Php 6.38 kWh for September. More Electric and Power Corporation (More Power Iloilo), in a post on social media, bared a lesser rate (per kWh) for the month of September: Php 6.38 for residential; and Php 6.11 for commercial. It may be recalled that the rate for residential was Php 6.45 last July, and increased the following month to Php 7.99. The distribution utility also addressed the reason for the increase. Here is More Power’s latest statement:

“In compliance with the letter of the Energy Regulatory Commission (ERC) to the Philippine Electricity Market Corporation dated September 20, 2021, directing the stoppage of collection from customers of congestion charges and other applicable charges, including line rentals attributable to the damaged submarine cable of National Grid Corporation of the Philippines, MORE Power hereby issues the following guidelines:

For the July and August 2021 billing months, we will wait for ERC’s directive on the refund schedule of the excess generation charge; For the September 2021 billing month, the estimated 3,000 customers who already received their bills on September 20 – 22, 2021 will be recalled and we will issue a revised bill to all our consumers reflecting the corrected generation charge and with total average rates of:

Residential: P6.38 / kWh
Commercial: P6.11 / kWh
Power/Industrial: P6.05 / kWh

Read more: Stop Collection of Congestion Charges in Panay and Negros says ERC

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