Power rates on downtrend since January

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 55%

Canada Canada Headlines News

Canada Canada Latest News,Canada Canada Headlines

Electricity rates have been on a downward trend since January 2023, the Department of Energy (DOE) said over the weekend.

“It is important to note the decreasing trend on electricity rates from the beginning of the year up to the previous month [August] due to the lower price of fossil fuels such as coal and natural gas,” DOE Undersecretary Rowena Guevara said.

She said the Energy Regulatory Commission published the database of electricity rates to empower consumers with information on how their respective distribution utility is performing. She said that for the electric cooperatives, Mindanao rates have the highest rates, followed by Luzon while Visayas has the lowest rate.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in CA

Canada Canada Latest News, Canada Canada Headlines