SAN FRANCISCO, Agusan del Sur — Power consumers are getting a bit of a break with lower electric bills in February as rival distributors locked in a heated franchise fight over the Island Garden City of Samal (Igacos) service area rolled out their rate cuts. Davao Light and Power Co., Inc. (Davao Light) said residential customers only had to pay P10.30 per kilowatt-hour (kWh) for the Feb. 11 to March 11 billing period, down by P1.42/kWh from January’s P11.72/kWh. The utility attributed the decrease mainly to the lowering power prices from the Wholesale Electricity Spot Market (WESM), one of its supply sources. “The decrease in February’s power rate reflects a drop in generation charges,” […]... Keep on reading: Davao power firms cut rates, franchise row heats up in Samal Island