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Davao Light bares lower residential power rates in December

Philippines | Mindanao

Davao Light bares lower residential power rates in December

By Ivy Tejano

EDILLON

DAVAO CITY – Davao Light and Power Co. has announced a decrease in residential electricity rates for December and assured consumers that adequate power supply is available to meet current demand, with additional sources on standby if needed.

Fermin Edillon, spokesperson and reputation enhancement manager of the DLPC, announced this during the Davao Peace and Security Press Corps briefing at The Royal Mandaya Hotel on Wednesday, Dec. 17.

Edillon said residential electricity rates dropped by P0.3477 per kilowatt hour, to P9.7135 per kWh from last month’s P10.0612 per kWh.

He said that the adjusted rate will apply to billing periods from Dec. 11 to Jan. 10.

“The decrease was primarily due to lower electricity prices at the Wholesale Electricity Spot Market (WESM), which forms part of Davao Light’s power supply mix,” Edillon said.

DLPC assured the public that it has sufficient electricity supply to meet the present demand, as the company maintains enough contracted power and can tap WESM for additional supply when necessary.

Edillon added that data from the Department of Energy indicate that more power generation facilities are expected to come online, with new investments in power plants projected in the region.

On the distribution side, he stated that Davao Light remains prepared, noting that the company continues to invest in infrastructure upgrades to enhance the reliability and efficiency of its power distribution system.

DLPC reminded customers that electricity rates may change monthly, as fluctuations in market prices can affect these rates. It advised consumers to practice energy conservation and manage their power use efficiently.

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