The overall power rate of Davao Light and Power Co., Inc. (Davao Light) continues to decrease from P10.24 last June to P8.75 this July. This translates to a P298.06 difference from the previous billing of households with average monthly electricity consumption of 200 kilowatt-hours (kWh).
This rate is applicable for the billing period of July 12 to August 10, 2023.
The low rate is attributed to decreased power supply prices from the Philippine Wholesale Electricity Spot Market (WESM) in Mindanao. In spite of this, the distribution utility reminds customers to properly manage their energy consumption. Davao Light reiterates that market prices are volatile thus changes in the power rate are expected every month.
Power rates as reflected in Davao Light monthly bills are divided into 4 major components: Generation and Transmission, Distribution, Subsidies and Other Charges, and Government Charges and Taxes. Generation and transmission charges are pass-through charges that Davao Light collects and pays to power suppliers and the transmission operator, respectively.
Meanwhile, Davao Light only charges the customers for distribution, which remains at an average of P1.4257 per kilowatt-hour as approved by the Energy Regulatory Commission (ERC). This charge has not increased since 2013.
Davao Light, an AboitizPower subsidiary, 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.