December residential electricity rates down by 5 centavos

PR 12/15/2022

Residential customers of Visayan Electric will end 2022 with a decrease of 5 centavos per kilowatt hour in their electricity bills this December, bringing the average residential electricity rate to P16.35 per kwh.  The rate decrease is…

MECO: Expect increase in monthly bills

Futch Anthony Inso 08/09/2022

LAPU-LAPU CITY, Cebu—Mactan Electric Company (MECO) customers can expect an increase in their monthly bills. Engineer Gilbert Pagobo, the senior vice-president and general manager of MECO, said that the increase would be up to 25 percent compared…

Electricity rates in Metro Cebu expected to increase in April

Ador Vincent Mayol, Dale G. Israel 04/04/2022

CEBU CITY, Cebu, Philippines — Electricity rates in Metro Cebu are expected to rise this month due to high fuel prices that resulted from the ongoing war between Russia and Ukraine. Engineer Raul Lucero, president and chief…

Consumers told: Brace for increase in energy consumption rates

Morexette Marie B. Erram 03/24/2022

CEBU CITY, Philippines — Due to the ongoing war between Ukraine and Russia, electricity rates in Metro Cebu are expected to rise.  Engineer Raul Lucero, president and chief operations officer (COO) of Visayan Electric, revealed that they…

Electricity rates up due to fuel, WESM prices

PR 11/19/2021

A 22 centavos increase in electricity rates will be implemented in the Visayan Electric franchise for the billing month of Nov-Dec due to high prices of fuel and the Wholesale Electricity Spot Market (WESM).    Engr. Raul…

World market prices of fuel cause hike in electricity rates

PR 10/19/2021

CEBU CITY, Philippines — Electricity rates in the Visayan Electric franchise will increase for the billing month of October – November. Visayan Electric residential customers will experience a P0.13 centavos increase in the average rate for the…

Tips on how to cut electricity rates this summer

Morexette Marie B. Erram 05/02/2021

CEBU CITY, Philippines — Dry season, or also known as summer, is at its peak this May. In Cebu, heat index temperatures play around 38 degrees Celsius and even higher to the extent the state weather bureau…

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