Visayan Electric to raise power rates for July–August billing

RESIDENTIAL customers of Visayan Electric will see an increase of P0.24 per kilowatt-hour (kWh) in their July–August electricity bills.

This brings the overall residential rate to P11.27/kWh, up from last month’s P11.03/kWh. For a household consuming 200 kWh, this translates to an additional P48 in their monthly bill.

The rate adjustment is attributed to the rise in generation charges due to higher electricity prices at the Wholesale Electricity Spot Market (WESM), a platform where electricity is traded.

An increase in transmission rates also contributed to the overall adjustment in residential rates.

Visayan Electric is urging customers to practice energy conservation to help manage electricity bills and reduce overall consumption.

The utility also advised customers with ongoing or upcoming construction activities near power lines to coordinate with the company in advance.

This allows Visayan Electric to assess potential risks and implement necessary safety measures to prevent accidents.

“To ensure everyone’s safety, we strongly encourage the public to inform us of any construction projects near our power lines,” said Visayan Electric OIC-President and General Manager Mark Kindica.

“Working near power infrastructure can be dangerous without proper precautions, and we want to help keep everyone safe.”

Customers may contact Visayan Electric through its hotline at 230-8326 or via its official Facebook page for assistance or to request a risk assessment related to construction near power lines. (PR)