Davao Light and Power Co., Inc.’s (Davao Light) overall residential electricity rate increased by P0.6626 per kilowatt hour (kWh) this November, increasing the rate to P9.1101/kWh from P8.4475/kWh last October. This rate applies to bills received from November 11 to December 11.
The rate increase is attributed to the high electricity prices in the Philippine Wholesale Electricity Spot Market (WESM) in Mindanao, a venue for trading electricity as a commodity, and where Davao Light sources a part of its power requirement.
A household consuming an average of 200 kWh monthly will experience a P132.52 increase from last month’s bill.
“Due to the inevitable fluctuations in the generation charges, we now experience a higher total electricity rate. Despite this, we remain committed to transparency and strive to provide our customers with a reasonable cost of power,” said Davao Light Reputation Enhancement Department Head Fermin Edillon. He also highlighted that the Energy Regulatory Commission (ERC)-approved distribution rate for Davao Light has remained unchanged since 2013.
As generation rates vary, consumers can effectively manage their electricity bills by using energy wisely. Like this Christmas season, households can decrease energy costs by opting for non-electrical decorations such as parols and ornaments. Solar-powered or battery-operated lights are also practical choices, bringing festive cheer without adding to the electric bill.
Davao Light, an AboitizPower distribution utility, aims to provide its customers with a front-seat vantage point regarding its services, including the sourcing and pricing of its electricity. This is in line with the mission of the company to deliver at the most reasonable cost, safe and reliable electric service to the people and businesses it serves.
