Price cap

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Wednesday, 23 September 2026

1 hour ago

ERC price cap may cut VisMin WESM rates by over 50%

By: Connie Fernandez-Brojan

CEBU CITY—The Energy Regulatory Commission’s (ERC) move to apply the Secondary Price Cap (SPC) separately to the Visayas and Mindanao grids could cut average wholesale electricity prices by more than half, providing relief to consumers hit by price spikes amid tight power supply, according to the Department of Energy (DOE).

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