Oil spike may raise power rates by up to P4 per KwH — ERC chair

BAGUIO CITY—Filipinos may face further financial stress next month as the prices of electricity traded at the spot market may climb by as much as P4 per kilowatt hour (kWh) amid the ongoing war in the Middle East. Speaking to reporters on Thursday, Energy Regulatory Commission (ERC) chair and CEO Francis Saturnino Juan said simulations