• GILBERT P. BAYORAN
Negros Electric and Power Corp. (Negros Power) and its affiliate MORE Power Iloilo have the lowest electricity rates among distribution utilities in Negros and Panay islands, based on their published rates.
In Negros Occidental, Negros Power has the lowest rate at P14.2487 per kilowatt-hour (kWh), compared with P17.15 per kWh for Northern Negros Electric Cooperative and P16 per kWh for Negros Occidental Electric Cooperative.
In Negros Oriental, the rates are P15 per kWh for Negros Oriental Electric Cooperative (NORECO) I and P14.32 per kWh for NORECO II.
In Panay Island, MORE Power has the lowest published rate at P14.41 per kWh while the rates of six other distribution utilities range from P15 to P17 per kWh.
Meanwhile, Roel Castro, president and chief executive officer of Negros Power and MORE Power, was recognized as a Circle of Excellence Awardee for CEO of the Year at the 2026 Asia CEO Awards.
The recognition highlights his leadership and contributions to the energy sector, particularly in infrastructure modernization, improved electricity reliability, reduced system losses, and sustainable community development initiatives.
Negros Power also received national recognition from the Energy Regulatory Commission for its implementation of the Net-Metering Program across the Visayas, underscoring its efforts to support the transition to clean energy. | GPB
