The average residential electricity rates of Negros Electric and Power Corp. (NEPC) will decrease by three centavos per kilowatt-hour this September. This means that the average residential power rates dropped to P14.2487/kWh from P14.2787/kWh in August, NEPC vice president and chief operating officer, Engr. Joe-Mel Zaporteza, said in a press briefing Sept. 22. The decrease was due to the implementation of the Regional Secondary Price Cap (RSPC) ordered by the Energy Regulatory Commission for the Visayas and Mindanao grids. The ERC ordered the price cap in the Wholesale Electricity Spot Market (WESM), retroactive to the August 2026 billing period, to “temper the extraordinarily high electricity prices”.
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