Iloilo: Ilonggos are encouraged to observe conservation measures to reduce energy consumption amid a surge in electricity demand during the summer months that could result in higher bills. More Electric and Power Corporation (MORE Power) on Wednesday urged consumers to utilize energy-efficient appliances and fans instead of air conditioners, adjust the thermostat of air conditioners, turn off lights and electronics when not in use, and keep windows and blinds closed during the hottest parts of the day to prevent heat from entering their homes.
According to Philippines News Agency, MORE Power has released a statement earlier this week announcing a significant increase in consumer bills this April. The power firm emphasized the importance of implementing simple energy-saving tips, stating that consumers can help reduce their electricity bills and contribute to a more sustainable energy future.
'Electricity consumers in the Visayas are facing a significant increase in their bills this April as summer heats up, with the Wholesale Electricity Spot Market (WESM) prices nearly doubling compared to previous months,' it said. Citing the Independent Electricity Market Operator of the Philippines (IEMOP), MORE Power said the surge started in the first week of March. WESM prices in Visayas increased by 95.5 percent, which continued in the succeeding months.
The surge was attributed to the planned and forced outages that reduced available electricity in the grid and increasing demand. 'The extreme heat, which started in the first week of March, led to a 5.9 percent increase in energy supply demand in Visayas, reaching 13,670 megawatts,' MORE Power said. The residential rate for MORE Power consumers in April increased to PHP12.0344 per kilowatt-hour (kWh) from PHP 10.4177 per kWh in March, still the lowest in Western Visayas.