ILOILO CITY, Nov. 20 -- Iloilo City residents are advised of the increase in their electricity bill of around PHP0.77 per kilowatt-hour (kWh) this November.

The residential rate this month is PHP11.8558 per kWh, an increase of PHP0.7687 per kWh from October's rate of PHP11.08 per kWh.

The commercial rate is at PHP11.17 per kWh, up from PHP10.40 per kWh last month.

In a statement on Thursday, More Electric and Power Corp. (MORE Power) attributed the adjustment to factors that are "outside the control of distribution utilities."

These included the increase in rates at the wholesale electricity spot market (WESM) due to the outage of power plants in Cebu and Mindanao in September.

The effective WESM price in the MORE franchise area last...