Versuchen GOLD - Frei

Power generation charges surge

Manila Bulletin

|

September 4, 2025

Unplanned and scheduled power plant shutdowns caused a significant spike in prices on the Wholesale Electricity Spot Market (WESM) in August, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

- By GABRIELL CHRISTEL GALANG

In a briefing on Wednesday, Sept. 3, IEMOP reported that the average WESM price surged by 15 percent, from P3.99 per kilowatt-hour (kWh) in July to P4.59/kWh in August, which will be passed on to consumers through the generation charge on their electricity bills.

The overall average system demand also grew from 13,812 megawatts (MW) to 14,052 Mw.

Among the three main regions, Mindanao experienced the steepest price hike, with prices jumping 75 percent from P3.80/kWh to P6.66/ kWh. This was driven by a drop in supply, from 3,685 MW to 3,561 MW, due to coal plant outages.

WEITERE GESCHICHTEN VON Manila Bulletin

Manila Bulletin

Manila Bulletin

VIVA JESUS NAZARENO

Manila braces for massive Traslacion crowd. DOH: Watch out for signs of a stampede. PNP: Security measures now in place in Manila

time to read

3 mins

January 9, 2026

Manila Bulletin

Marcos to visit UAE; signing of free trade, defense deals set

President Marcos is set to undertake a working visit to the United Arab Emirates (UAE) next week where he is expected to sign a free trade agreement and defense deal.

time to read

1 min

January 9, 2026

Manila Bulletin

Manila Bulletin

BSP resists pressure to defend peso

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. admitted there is intense pressure to defend the Philippine peso against its continued decline, but said the central bank has held its ground, as the economics of it do not justify intervention.

time to read

2 mins

January 9, 2026

Manila Bulletin

New BOC unit to boost collection

President Ferdinand R. Marcos Jr.'s chief economic manager is upbeat about government revenue collection in 2026, as the Bureau of Customs (BOC) moves to strengthen its policy- and intelligence-driven decision-making with the creation of a new strategic unit under the BOC chief's first order of the year.

time to read

1 mins

January 9, 2026

Manila Bulletin

Manila Bulletin

Rice imports slump 30% amid ban

The country’s rice imports last year reached 3.37 million metric tons (MT), nearly 30 percent lower than the record high in 2024, amid the imposition of an import ban as rice production improved.

time to read

2 mins

January 9, 2026

Manila Bulletin

BIR files P48-M tax evasion raps vs flood control project contractor

The Bureau of Internal Revenue (BIR) on Thursday, Jan. 8, filed before the Department of Justice (DOJ) a P48-million tax evasion complaint against a contractor in an alleged \"ghost\" flood control project in Bulacan

time to read

1 mins

January 9, 2026

Manila Bulletin

Employers, self-employed with unpaid PhilHealth contributions granted amnesty

President Marcos has ordered the Philippine Health Insurance Corp. (PhilHealth) to grant amnesty to business owners, private employers, and self-employed Filipinos who have unpaid contributions.

time to read

1 min

January 9, 2026

Manila Bulletin

Lessons from MMFF 2025

People are saying lots of things for and against the recently held Metro Manila Film Festival 2025, the 51st edition of this long-held cultural tradition.

time to read

2 mins

January 9, 2026

Manila Bulletin

One Battle After Another dominates SAG Actor Awards with seven nods

“One Battle After Another” dominated nominations to the Actor Awards on Wednesday, with Paul Thomas Anderson’s ragtag revolutionary saga landing a record seven nods in the annual SAG-AFTRA honors.

time to read

2 mins

January 9, 2026

Manila Bulletin

UN sees PH miss 2025 GDP target

The weaker-than-expected four-percent growth in the third quarter last year, compounded by a corruption scandal, is likely to weigh on the economy, with the Philippines once again seen missing its target in 2025 before picking up in the succeeding years, according to the United Nations (UN).

time to read

1 min

January 9, 2026

Listen

Translate

Share

-
+

Change font size