Lower power rates seen in Olongapo City this month | Inquirer News

Lower power rates seen in Olongapo City this month

/ 08:15 PM September 19, 2022

Lower power rates seen in Olongapo City this month

OLONGAPO CITY — Residents of this city are expected to pay lower power rates starting this month after the local electricity distributor announced the reduction in charges.

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The Olongapo Electricity Distribution Company, Inc. (OEDC) on Monday (Sept. 19) said its rates will be adjusted by P2.59 per kilowatt-hour (kWh).

As a result, the rates of OEDC will go down to P15.1711 per kWh from P17.7637 per kWh last month.

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Last week, OEDC announced that it was mitigating the impact of the increasing prices of coal in the global market on power consumers. INQ

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TAGS: Electricity, News, Olongapo City, power, power rates, Regions
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