Visayan Electric applies ERC price safeguards, bringing relief and lower September rates to consumers

Visayan Electric applies ERC price safeguards, bringing relief and lower September rates to consumers

CEBU CITY, Philippines – September 28, 2026 — Residential customers of Visayan Electric with an average monthly consumption of 200 kWh will see a ₱0.07 per kilowatt-hour (kWh) reduction in their September electricity rates, bringing the overall rate down from last month’s ₱14.96/kWh to ₱14.89/kWh. The rate reduction follows the ERC’s revised secondary price cap across Visayas and Mindanao, alongside Visayan Electric’s (VECO) negotiations with the Independent Electricity Market Operator of the Ph