Press Release
NOCECO ELECTRICITY RATES
NOCECO Residential Rates Rise in June 2026 Billing
Please be informed that the total residential electricity rate for June 2026 is Php 12.3656 per kWh, reflecting a net increase of Php 0.9146 per kWh from May. This adjustment is primarily driven by a surge in the Wholesale Electricity Spot Market (WESM) rate, which rose to Php 7.4098 per kWh (a Php 2.9895 increase) following the lifting of the market suspension in May. While transmission charges saw a slight decrease, it was unfortunately not enough to offset the broader generation and fuel spikes currently impacting the entire Visayas grid.

Recognizing that household consumption is naturally higher due to the humid weather, NOCECO took proactive measures to shield our consumers. The actual overall rate increase would have been drastically higher by around Php 3.5535 per kWh if the full amount from WESM had been implemented all at once. To mitigate this heavy burden, we negotiated a staggered payment schedule with IEMOP, implementing only a portion on this month's billing and spreading the remaining balance over the next two months to strike a critical balance between rate relief and cooperative stability.
As these external market pressures and rate volatilities are expected to persist in the coming months, NOCECO remains fully committed to transparency. We highly encourage all of our Member-Consumer-Owners (MCOs) to adopt energy-saving measures at home to help manage electricity costs effectively during this challenging period.
Signed:
DOMINGO S. SANTIAGO, JR.
Project Supervisor & Acting General Manager