In a move that underscores Primelectric Holdings Inc.’s growing influence in the country’s energy landscape, Atty. Richard Nethercott, former President and CEO of the Independent Electricity Market Operator of the Philippines (IEMOP), has officially joined the group as its Corporate Chief Operations Officer (COO).
Residents of Central Negros will experience only a modest adjustment in their electricity bills this August 2025, as Negros Power announced that average residential rates will be at ₱11.50/kWh. This reflects an increase of ₱0.13/kWh compared to the previous month’s ₱11.37/kWh.
As temperatures continue to soar across the region, electricity consumers throughout the Visayas are feeling the heat not just outdoors — but in their monthly bills as well. This April, power rates have climbed sharply due to a dramatic increase in prices at the Wholesale Electricity Spot Market (WESM), where the cost of electricity nearly […]
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