Author Topic: Power rates up by 22 centavos  (Read 735 times)

Offline Lee2

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Power rates up by 22 centavos
« on: April 07, 2016, 10:56:45 AM »
I still find it hard to understand why anything should cost more in the Philippines than in Florida, which is around 12 cents, when labor costs and benefits in the Philippines are so low when compared to the US, but it is what it is.
http://www.philstar.com/headlines/2016/04/07/1570330/power-rates-22-centavos
:) Happily married since 1994 & live part of the year in Cebu and the rest in S. Florida.

Offline cogon88

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Re: Power rates up by 22 centavos
« Reply #1 on: April 07, 2016, 02:48:20 PM »
Well A lot of the increases are because of the solar and wind farms being installed here

If you build solar you have a 20 year Power Purchase Agreement for 9.68 Piso per KWH wind is around 7.30 Piso KW and Coal is 3 Piso KWH

The cost for the renewables is being added to everyones electric bill so the more solar and wind the higher the price goes


 


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