Electricity rates for a typical household consuming at least 200 kilowatt-hours (kWh) increased to P9.0862 per kWh this October from last month’s P9.0414 per kWh. The increase of P0.0488 per kWh will mean a hike of P9 in the typical household’s total bill.
The supply deals with PHINMA Energy Corp., San Miguel Energy Corp. and South Premier Power Corp. involve a contract capacity of 1,200 megawatts (MW) and will be effective Dec. 26, 2019.
Nowadays, we often hear of government leaders who are incompetent and who use their position of leadership for their self-interest: they are corrupt, despotic, immoral, power-hungry, materialistic, abusive, and who are more concerned about their image or status.