MORE Electric and Power Corp., led by ultra bilyonaryo Enrique K. Razon Jr., has announced yet another reduction in residential electricity rates for households in Iloilo City in a continued effort to provide cost-effective electricity solutions.
In the September 2023 billing cycle, residents can expect a reduction of P0.2701 per kilowatt-hour (kWh).
Effective from September 18 to October 14, 2023, MORE Power’s rates will stand at a competitive P10.7139 per kWh. This marks the seventh consecutive month of rate reductions initiated by the distribution utility.
The company expressed its commitment to delivering tangible benefits to its valued customers.
“This welcome development will be reflected in the billing statements, providing valuable savings for our valued customers. MORE Power remains committed to delivering reliable and affordable electricity services to our valued consumers.”
MORE likewise emphasized its ongoing efforts to streamline costs and enhance the overall customer experience, underscoring its dedication to delivering quality services in the energy sector.