WIRE โ ELECTRICITY rates charged by Benguet Electric Cooperative (BENECO) rose again this month after higher Wholesale Electricity Spot Market (WESM) prices pushed up generation costs. The utility increased its residential rate by P0.6450 per kilowatt-hour (kWh) to P12.29/kWh in July, citing another surge in spot market prices. BENECO said WESM supplied about 52% of its power
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