In the future, electricity prices are likely to be affected by a number of changes resulting from a probable increase in NPC generation tariffs, removal of intra-grid and inter-grid subsidies, and implementation of the wholesale electricity spot market. Overall, residential users, especially outside Luzon and outside the areas in Luzon served by Meralco, are likely to see a substantial increase in rates. In percentage terms, the increase is likely to be greatest in Mindanao, since this is where electricity prices are the lowest at present.
|Source Institution||World Bank|
|Place of Publication||Pasig City|
|Original Publication Date||January 1, 2005|