The continuing thin power supply in the Visayas has affected electricity rates across distribution utilities in the region, prompting the National Grid Corporation of the Philippines (NGCP) to place the grid under several yellow alerts since May. In Iloilo City, MORE Electric and Power Corporation said it is hoping that power supply in the Visayas Grid will return to normal as soon as possible so that electricity rates may also go down. A yellow alert means available supply is not enough to meet demand, which may lead distribution utilities to implement manual load dropping or rotational power interruptions. Based on the latest data, MORE Power recorded around 428,308.60 kWh in power losses from May 13 to June, affecting 177,727 consumers. NGCP said the tight supply situation in the Visayas was caused by the outage of three major coal-fired power plants: Units 1 and 2 of Aboitiz Power Therma Visayas Inc., which have a capacity of 169 MW each, and Panay Energy Development Corporation (P...
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