MORE Power Announces November Electricity Rate Increase in Iloilo City

ILOILO CITY – Electricity consumers in Iloilo City will experience an increase in their rates starting this November, as confirmed by More Electric and Power Corp. (MORE Power) on Thursday, November 20, 2025. Residential customers will see their rates rise by approximately PHP0.77 per kilowatt-hour (kWh), bringing the new rate to PHP11.8558 per kWh from October’s PHP11.08 per kWh. Commercial rates will also increase, reaching PHP11.17 per kWh from PHP10.40 last month.

According to a statement from MORE Power, the rate adjustment is driven by factors beyond the control of electricity distribution utilities. Notably, the wholesale electricity spot market (WESM) rate surged due to power plant outages in Cebu and Mindanao in September. The effective WESM price in the MORE franchise area climbed to PHP5.78 per kWh in October, an increase of PHP1.83 compared to the previous month.

The utility reported a peak demand of 135.4 megawatts in October. Additionally, outages at Palm Concepcion Power Corp. (PCPC) near the end of October tightened supply conditions and contributed to higher market prices.

The increase also reflects a rise in the Feed-in-Tariff Allowance (FIT-All), which supports renewable energy projects. The FIT-All fee this month is PHP0.2073 per kWh, up from PHP0.1189 per kWh in October. Furthermore, the universal environmental charge of PHP0.0025 per kWh has been reinstated following its suspension since May 2020.

Despite the rate increase, MORE Power emphasized that charges related to distribution, supply, and metering services remain unchanged. Raphael Dorilag, MORE Power’s Manager of Energy Sourcing, stated, "One key approach to enhance stability is to firm up our long-term and locally sourced supply—especially within the Visayas region."

The utility company is actively working to mitigate the impact of market price fluctuations to provide more stable electricity rates moving forward.