Western Visayas Power Rates Surge in June Due to WESM Price Hikes
Power consumers in Western Visayas are bracing for significant electricity rate hikes in June, driven by soaring prices in the Wholesale Electricity Spot Market (WESM). Iloilo City and Bacolod City are expected to see increases of around P2 per kilowatt-hour, raising concerns about the impact on household budgets.
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