Power spot prices ease in January
MANILA, Philippines — Following recent spikes, electricity prices in the country''s power spot market declined in January due to improved supply margins, according to the Independent
Independent Electricity Market Operator of the Philippines
The Independent Electricity Market Operator of the Philippines Inc. (IEMOP) is a non-stock, non-profit corporation established in May 2018 that serves as the Independent Market Operator of the
Philippines Power Market Size & Share Analysis
San Miguel Corporation, AboitizPower Company, ACEN CORPORATION (ACEN), First Gen Corporation and Manila Electric Co. (Meralco-led subsidiaries) are the major companies
Luzon power rates tick up 9% in January despite lower demand
Luzon electricity rates rose in January as unplanned plant outages squeezed the regional power grid, even as supply conditions improved in the Visayas and Mindanao, according to the
Lower Rates this January 2026
MANILA, PHILIPPINES, 12 JANUARY 2026–Following a reduction in power rates last month, the Manila Electric Company (Meralco) announced today another decrease of P0.1637 per kWh in electricity
Electricity market price up 10% in December
The price hike was mostly due to continued supply tightness in the Visayas and a drop in supply in Mindanao due to forced outages during the period, despite an increase in the average
Philippine Electricity Market Corporation
The Philippine Electricity Market Corporation (PEMC) was incorporated in November 2003 as a non-stock, non-profit corporation upon the initiative of the Department of Energy (DOE) with
Electricity spot market price lowest in 7 months
The average system-wide electricity spot market price in the Philippines dropped to its lowest level in seven months in September 2025, the Independent Electricity Market Operator of the
Spot power prices fell 18.6%in December
Average systemwide electricity charges in the Philippines fell 18.6 percent in January 2026 to P3.56 per kilowatt-hour (kWh) as softer demand offset supply constraints in Luzon, the
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