Cebu Braces for Power Rate Increase Amid Global Fuel Price Surge
Residents across the Province of Cebu are facing an anticipated power rate hike in the coming billing cycles, as confirmed by local power distributors. This increase is attributed to the ongoing turmoil in the Middle East, which has driven up the prices of imported oil and coal, essential fuels for electricity generation in the Philippines. The timing coincides with the summer season, when electricity demand typically spikes due to higher usage of cooling appliances.
Visayan Electric Highlights Generation Charge as Key Factor
In an advisory issued on Wednesday, March 11, 2026, Visayan Electric (Veco) explained that the generation charge—the portion of the bill linked to the cost of producing electricity—remains the primary driver behind monthly power rate fluctuations. Veco President Mark Anthony Kindica emphasized that the company is continuously monitoring global developments affecting fuel costs, which are ultimately passed on to consumers. Veco serves Metro Cebu, including the cities of Cebu, Mandaue, Talisay, and Naga, as well as the municipalities of Liloan, Consolacion, Minglanilla, and San Fernando.
Cebeco III Reports Residential Rate Increase
Meanwhile, Cebu III Electric Cooperative, Inc. (Cebeco III) announced that its residential power rate for March 2026 has reached P10.78 per kilowatt-hour (kWh). This represents an increase of P0.49 per kWh compared to the February 2026 billing cycle. The rise is primarily due to higher prices in the Wholesale Electricity Spot Market (WESM). Cebeco III clarified that its distribution charge of P1.51 per kWh has remained unchanged since 2010, with other fees like generation and transmission charges collected solely to pay power suppliers and government entities. This cooperative serves areas including Toledo City, Balamban, Asturias, Pinamungajan, and Aloguinsan.
Supply Assurance and Consumer Advice Amid Rising Costs
Despite the threat of escalating prices, Veco has assured consumers that electricity supply will be sufficient during the summer months, even with the expected surge in demand. To mitigate the financial impact, Kindica advised customers to adopt energy-saving measures, such as limiting unnecessary appliance use and maximizing natural ventilation during the day. These steps are crucial as the region navigates the dual challenges of global market volatility and seasonal consumption patterns.
