Philippines electricity prices
The residential electricity price in the Philippines is
PHP 11.343 per kWh or USD 0.202.
The electricity price for businesses is
PHP 8.667 kWh or
USD 0.154.
These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare the Philippines with 150 other countries.
Historical quarterly data, along with the latest update from September 2024 are available for download.
Sources: Department of Energy of the Philippines, Manila Electric Company (MERALCO)
Electricity price analysis for the Philippines
- Residential electricity prices in the Philippines are 132.22% of the world average electricity price and 247.86% of the average price in Asia.
- Business electricity rates in the Philippines are 103.53% of the world average price and 145.10% of the average in Asia.
- Household rates are 130.88% of the business rates.
- Electricity prices paid by small businesses in the Philippines are 110.95% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 47.17% of the price paid by households with high electricity consumption.
- Fossil fuels: 79.04%
- Wind: 1.14%
- Solar: 1.41%
- Hydro: 8.12%
- Nuclear: 0.00%
- Geothermal: 10.28%
