Visayan Electric announces P0.49/kWh rate reduction for March-April billing

CEBU, Philippines — Visayan Electric’s residential customers will see a decrease of P0.49 per kilowatt-hour (kWh) in their electricity rates for the March to April billing cycle.

In a statement, Visayan Electric said the reduction brings the total rate down to P10.64/kWh from last month’s P11.13/kWh. The decrease means that a household consuming 200 kWh will save at least P98 on their electric bill this month.

This marks the fourth consecutive rate reduction since December 2024, attributed primarily to lower electricity prices in the Wholesale Electricity Spot Market (WESM), which has led to a drop in generation rates. Additionally, the National Grid Corporation of the Philippines (NGCP) has slightly lowered transmission charges, further contributing to the decrease.

Despite the rate cut, Visayan Electric continues to encourage consumers to be mindful of their energy consumption, particularly as temperatures continue to rise.

“High temperatures often lead to increased electricity consumption as people rely more on cooling appliances. This can still result in higher electricity bills if not managed efficiently,” said Engr. Raul Lucero, president and chief operating officer of Visayan Electric.

The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) recently reported that some areas in the country have reached dangerously high heat index levels. While Cebu has not been included in the list, Visayan Electric advised consumers to take precautions against the heat.

The company recommended energy-efficient cooling practices such as opening windows for natural ventilation and wearing thin, light-colored clothing to stay cool without excessively increasing electricity usage. — (FREEMAN)