Negros Electric and Power Corporation (Negros Power) has announced a slight increase in electricity rates for July 2026, attributing the adjustment to higher electricity generation costs driven by conditions in the Wholesale Electricity Spot Market (WESM). While rates increased during the month, the distribution utility said it adopted measures to reduce the immediate financial impact […]
Negros Electric and Power Corporation (Negros Power), together with fellow distribution utilities under Primelectric Holdings, Inc., MORE Power and Bohol Light Company, recently convened key stakeholders for the Visayas Power Forum: Grid Reliability and Electricity Price Outlook, an initiative aimed at improving public understanding of the factors affecting electricity supply and pricing in the region.
Consumers under Negros Electric and Power Corporation (Negros Power) can expect lower electricity bills this May after the utility announced a reduction in residential power rates due to lower generation and transmission costs.
Electricity consumers in Central Negros are set to benefit from lower power rates this December 2025, following an official rate adjustment announced by Negros Electric and Power Corporation (Negros Power). The reduction provides timely financial relief to households and businesses, particularly as energy consumption typically rises during the holiday season.
Negros Power has issued its official electricity rates for November 2025, alongside a series of relief measures designed to support consumers still recovering from the impact of Typhoon Tino. The announcement reflects both ongoing market conditions and the company’s commitment to easing financial burdens for affected households.
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).