Tag: WESM

  • Benguet Electric Cooperative Announces Reduced Electricity Rates for January

    Benguet Electric Cooperative (Beneco) has announced a reduction in electricity rates for its over 220,000 consumers in Baguio City this January. The cooperative has managed to lower its rates by approximately 25 centavos per kilowatt-hour, thanks to sourcing a portion of its power from the Wholesale Electricity Spot Market (WESM). Laarni Ilagan, from Beneco’s Community…

  • Baguio and Benguet Residents to Enjoy Lower Electricity Bills in November

    Residents of Baguio City and Benguet province are set to benefit from a reduction in their electricity bills this November, as announced by the Benguet Electric Cooperative (Beneco). The cooperative has confirmed a decrease of 40 centavos per kilowatt hour, bringing the rate down from PHP11.1373 per kWh in October to PHP10.7362 per kWh this…