+ Follow Wholesale Electricity Spot Market Tag
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[0] => Array
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[ArticleID] => 2500477
[Title] => Meralco announces rate cut for first month of 2026
[Summary] => Meralco said January power rates fell by P0.1637 per kWh, trimming household electricity bills.
[DatePublished] => 2026-01-12 13:54:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807953
[AuthorName] => Ian Laqui
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2025/12/09/11_2025-12-09_21-42-12354_thumbnail.jpg
)
[1] => Array
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[ArticleID] => 2479600
[Title] => Meralco raises power rates by P0.23 per kWh in October
[Summary] => Meralco announced a P0.2331 per kWh rate increase for October, raising the overall power rate to P13.3182/kWh.
[DatePublished] => 2025-10-13 12:19:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807953
[AuthorName] => Ian Laqui
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2025/10/13/electricity-meralco-linemen_2025-10-13_12-19-52582_thumbnail.jpg
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[2] => Array
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[ArticleID] => 2449819
[Title] => Meralco cuts rates in June
[Summary] => For the second straight month, the Manila Electric Company (Meralco) has announced a decrease in electricity rates.
[DatePublished] => 2025-06-11 16:16:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807953
[AuthorName] => Ian Laqui
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/08/24/meralco_2020-08-24_22-27-38821_thumbnail.jpg
)
[3] => Array
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[ArticleID] => 2389660
[Title] => WESM rates down for 4th straight month
[Summary] => The average price of electricity in the Wholesale Electricity Spot Market declined again in September, marking a four-month downtrend.
[DatePublished] => 2024-10-03 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1808224
[AuthorName] => Brix Lelis
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/10/02/7_2024-10-02_18-44-33608_thumbnail.jpg
)
[4] => Array
(
[ArticleID] => 2177650
[Title] => Average spot market price drops in April amid improved supply
[Summary] => The average spot market price fell by 10.12% to P6.26 per kilowatt-hour (/kWh) compared to last month's level, IEMOP said Friday.
[DatePublished] => 2022-04-29 13:02:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807337
[AuthorName] => Angelica Y. Yang
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/12/31/erc_2020-12-31_16-24-12418_thumbnail.jpg
)
[5] => Array
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[ArticleID] => 2171306
[Title] => Average power spot market prices up in March
[Summary] => The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared last month's level, IEMOP reported.
[DatePublished] => 2022-03-31 18:17:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807337
[AuthorName] => Angelica Y. Yang
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2020/06/06/bs11-052220_2020-06-06_21-56-06747_thumbnail.jpg
)
[6] => Array
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[ArticleID] => 2166603
[Title] => DOE: Preference of RE plants in spot market to ramp up energy security
[Summary] => The State is required to ramp up the use of renewables by creating a conducive environment for such investments through fiscal and non-fiscal incentives, among others, under the Renewable Energy Act of 2008.
[DatePublished] => 2022-03-11 17:02:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807337
[AuthorName] => Angelica Y. Yang
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2021/05/19/ac_2021-05-19_18-42-29978_thumbnail.jpg
)
[7] => Array
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[ArticleID] => 1949845
[Title] => Mindanao power spot market reset next year
[Summary] => Independent Electricity Market Operator of the Philippines (IEMOP) has pushed back anew the full operations of the wholesale electricity spot market (WESM) in Mindanao to next year, its top official said.
[DatePublished] => 2019-09-08 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804525
[AuthorName] => Danessa Rivera
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 1942000
[Title] => WESM operator ordered to refund P2 B to customers
[Summary] => The Energy Regulatory Commission (ERC) has ordered the wholesale electricity spot market (WESM) operator to return nearly P2 billion to Luzon and Visayas consumers due to miscalculations.
[DatePublished] => 2019-08-10 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804525
[AuthorName] => Danessa Rivera
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 1879827
[Title] => IEMOP proposes nationwide system for renewable energy development
[Summary] => The operator of the wholesale electricity spot market is proposing the development a nationwide system to establish the country’s renewable energy market.
[DatePublished] => 2018-12-26 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804525
[AuthorName] => Danessa Rivera
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
Wholesale Electricity Spot Market
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 2500477
[Title] => Meralco announces rate cut for first month of 2026
[Summary] => Meralco said January power rates fell by P0.1637 per kWh, trimming household electricity bills.
[DatePublished] => 2026-01-12 13:54:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807953
[AuthorName] => Ian Laqui
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2025/12/09/11_2025-12-09_21-42-12354_thumbnail.jpg
)
[1] => Array
(
[ArticleID] => 2479600
[Title] => Meralco raises power rates by P0.23 per kWh in October
[Summary] => Meralco announced a P0.2331 per kWh rate increase for October, raising the overall power rate to P13.3182/kWh.
[DatePublished] => 2025-10-13 12:19:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807953
[AuthorName] => Ian Laqui
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2025/10/13/electricity-meralco-linemen_2025-10-13_12-19-52582_thumbnail.jpg
)
[2] => Array
(
[ArticleID] => 2449819
[Title] => Meralco cuts rates in June
[Summary] => For the second straight month, the Manila Electric Company (Meralco) has announced a decrease in electricity rates.
[DatePublished] => 2025-06-11 16:16:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807953
[AuthorName] => Ian Laqui
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/08/24/meralco_2020-08-24_22-27-38821_thumbnail.jpg
)
[3] => Array
(
[ArticleID] => 2389660
[Title] => WESM rates down for 4th straight month
[Summary] => The average price of electricity in the Wholesale Electricity Spot Market declined again in September, marking a four-month downtrend.
[DatePublished] => 2024-10-03 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1808224
[AuthorName] => Brix Lelis
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2024/10/02/7_2024-10-02_18-44-33608_thumbnail.jpg
)
[4] => Array
(
[ArticleID] => 2177650
[Title] => Average spot market price drops in April amid improved supply
[Summary] => The average spot market price fell by 10.12% to P6.26 per kilowatt-hour (/kWh) compared to last month's level, IEMOP said Friday.
[DatePublished] => 2022-04-29 13:02:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807337
[AuthorName] => Angelica Y. Yang
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2020/12/31/erc_2020-12-31_16-24-12418_thumbnail.jpg
)
[5] => Array
(
[ArticleID] => 2171306
[Title] => Average power spot market prices up in March
[Summary] => The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared last month's level, IEMOP reported.
[DatePublished] => 2022-03-31 18:17:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807337
[AuthorName] => Angelica Y. Yang
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2020/06/06/bs11-052220_2020-06-06_21-56-06747_thumbnail.jpg
)
[6] => Array
(
[ArticleID] => 2166603
[Title] => DOE: Preference of RE plants in spot market to ramp up energy security
[Summary] => The State is required to ramp up the use of renewables by creating a conducive environment for such investments through fiscal and non-fiscal incentives, among others, under the Renewable Energy Act of 2008.
[DatePublished] => 2022-03-11 17:02:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1807337
[AuthorName] => Angelica Y. Yang
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] => https://media.philstar.com/photos/2021/05/19/ac_2021-05-19_18-42-29978_thumbnail.jpg
)
[7] => Array
(
[ArticleID] => 1949845
[Title] => Mindanao power spot market reset next year
[Summary] => Independent Electricity Market Operator of the Philippines (IEMOP) has pushed back anew the full operations of the wholesale electricity spot market (WESM) in Mindanao to next year, its top official said.
[DatePublished] => 2019-09-08 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804525
[AuthorName] => Danessa Rivera
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 1942000
[Title] => WESM operator ordered to refund P2 B to customers
[Summary] => The Energy Regulatory Commission (ERC) has ordered the wholesale electricity spot market (WESM) operator to return nearly P2 billion to Luzon and Visayas consumers due to miscalculations.
[DatePublished] => 2019-08-10 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804525
[AuthorName] => Danessa Rivera
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 1879827
[Title] => IEMOP proposes nationwide system for renewable energy development
[Summary] => The operator of the wholesale electricity spot market is proposing the development a nationwide system to establish the country’s renewable energy market.
[DatePublished] => 2018-12-26 00:00:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1804525
[AuthorName] => Danessa Rivera
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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