WESM

Monday, 11 May 2026

11 Apr 2026

6:32AM

INSIDER VIEW | WESM suspension is a symbolic fix, not a real solution

The government often responds to rising power prices by proposing to suspend the Wholesale Electricity Spot Market (WESM), hoping this will address the issue. But suspending WESM does not tackle the core problem and serves more as a symbolic gesture than a practical energy policy.

11 Apr 2025

11:52AM

Meralco hikes April electricity rate by 72₵/kWh on higher WESM costs

Manila Electric Co. raised its rates by P0.7226 per kilowatt-hour (kWh) for the April billing cycle, bringing the overall electricity rate for a typical household to P13.0127 per kWh from P12.2901 in March.

1 Jul 2024

9:27PM

Electricity spot market's governance arm abolishes chief governance officer post

The governance arm of the country’s electricity spot market on Monday announced changes to its organizational structure approved during annual meeting last week, chief of which was the abolition of its chief governance officer position.