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Philippines PH: Industry Electricity Price: USD per kWh data was reported at 0.420 USD/kWh in 2020. This records a decrease from the previous number of 0.480 USD/kWh for 2019. Philippines PH: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.500 USD/kWh from Dec 2010 (Median) to 2020, with 11 observations. The data reached an all-time high of 0.600 USD/kWh in 2012 and a record low of 0.420 USD/kWh in 2020. Philippines PH: Industry Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Philippines – Table PH.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.
In 2023, the total electrical energy consumption of the industrial sector in the Philippines reached approximately 29,500 gigawatt hours. This indicates an increase from the previous year's total electricity consumption of the industrial sector.
The average electricity rate of private utilities in the Philippines was 8.95 Philippine pesos per kilowatt-hour in 2023, indicating a decrease from the previous year. The average electricity rate charged by private utilities in the country fluctuated in the observed period. There are 28 private utilities providing electricity in the Philippines in 2023.
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Philippines PH: Residential Electricity Price: USD per kWh data was reported at 0.420 USD/kWh in 2021. This stayed constant from the previous number of 0.420 USD/kWh for 2020. Philippines PH: Residential Electricity Price: USD per kWh data is updated yearly, averaging 0.495 USD/kWh from Dec 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 0.600 USD/kWh in 2012 and a record low of 0.420 USD/kWh in 2021. Philippines PH: Residential Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Philippines – Table PH.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.
In 2023, the Manila Electric Company or Meralco had an average retail electricity rate of 10.55 Philippine pesos per kilowatt-hour, reflecting an increase from the previous year. Meralco is an electric power distribution company in the Philippines that distributes power in Metro Manila, the whole National Capital Region, and Mega Manila.
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Get the latest insights on price movement and trend analysis of Electricity in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Report Features | Details |
Product Name | Electricity |
Industrial Uses | Residential Uses, Industrial Uses, Transportation, Commercial Buildings |
Synonyms | Power, Energy |
Supplier Database | State Grid Corporation of China (SGCC), Enel Group, General Electric Co, Korea Electric Power Corporation (KEPCO), Tokyo Electric Power Company Holdings Inc (TEPCO), EDF (Électricité de France) S.A., RWE AG |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
The average electricity rate of electric cooperatives in Luzon in the Philippines was at 10.49 Philippine pesos per kilowatt-hour in 2023, indicating a significant decrease from the previous year. The island of Luzon accounted for nearly half of the electric cooperative consumer share in the Philippines in 2021.
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GDP: CAR: Industry Sector: Electricity and Gas data was reported at 4,983.581 PHP mn in 2017. This records an increase from the previous number of 4,604.554 PHP mn for 2016. GDP: CAR: Industry Sector: Electricity and Gas data is updated yearly, averaging 4,168.573 PHP mn from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 4,983.581 PHP mn in 2017 and a record low of 2,879.000 PHP mn in 2009. GDP: CAR: Industry Sector: Electricity and Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A030: SNA 2008: Regional Gross Domestic Product: by Industry: Current Price.
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GDP: Cagayan Valley: Industry Sector: Electricity and Gas data was reported at 7,664.181 PHP mn in 2017. This records an increase from the previous number of 5,783.277 PHP mn for 2016. GDP: Cagayan Valley: Industry Sector: Electricity and Gas data is updated yearly, averaging 4,552.000 PHP mn from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 7,664.181 PHP mn in 2017 and a record low of 3,169.000 PHP mn in 2009. GDP: Cagayan Valley: Industry Sector: Electricity and Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A030: Regional Gross Domestic Product: by Industry: SNA 2008: Current Price.
The average electricity rate of electric cooperatives in the Philippines was highest in Mindanao at 10.99 Philippine pesos per kilowatt-hour in 2023. This was followed by the average electricity rate in Luzon and then Visayas. The island of Luzon accounted for nearly half of the electric cooperative consumer share in the Philippines in 2021.
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GDP: ARMM: Industry Sector: Electricity and Gas data was reported at 1,968.360 PHP mn in 2017. This records an increase from the previous number of 1,752.869 PHP mn for 2016. GDP: ARMM: Industry Sector: Electricity and Gas data is updated yearly, averaging 1,968.360 PHP mn from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 2,389.000 PHP mn in 2012 and a record low of 1,752.869 PHP mn in 2016. GDP: ARMM: Industry Sector: Electricity and Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A030: SNA 2008: Regional Gross Domestic Product: by Industry: Current Price.
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In 2023, the Philippine electricity supply meter market increased by 18% to $28M, rising for the third year in a row after two years of decline. Overall, the total consumption indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of +5.9% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by +70.0% against 2020 indices.
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Philippines GDP: CAR: 1985p: Industry Sector: Electricity & Gas data was reported at 2,038.291 PHP mn in 2009. This records an increase from the previous number of 1,977.938 PHP mn for 2008. Philippines GDP: CAR: 1985p: Industry Sector: Electricity & Gas data is updated yearly, averaging 1,599.106 PHP mn from Dec 1998 (Median) to 2009, with 12 observations. The data reached an all-time high of 2,038.291 PHP mn in 2009 and a record low of 1,357.047 PHP mn in 1998. Philippines GDP: CAR: 1985p: Industry Sector: Electricity & Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A061: SNA 1968/1993: Regional Gross Domestic Product: by Industry: 1985 Price.
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Philippines GDP: NCR: 1985p: Industry Sector: Electricity & Gas data was reported at 12,132.555 PHP mn in 2009. This records a decrease from the previous number of 12,865.574 PHP mn for 2008. Philippines GDP: NCR: 1985p: Industry Sector: Electricity & Gas data is updated yearly, averaging 9,641.153 PHP mn from Dec 1998 (Median) to 2009, with 12 observations. The data reached an all-time high of 12,865.574 PHP mn in 2008 and a record low of 8,659.640 PHP mn in 1998. Philippines GDP: NCR: 1985p: Industry Sector: Electricity & Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A061: Regional Gross Domestic Product: by Industry: SNA 1968/1993: 1985 Price.
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Philippines GDP: CAR: 2000p: Industry Sector: Electricity and Gas data was reported at 2,592.068 PHP mn in 2017. This records a decrease from the previous number of 2,918.809 PHP mn for 2016. Philippines GDP: CAR: 2000p: Industry Sector: Electricity and Gas data is updated yearly, averaging 2,592.068 PHP mn from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 3,084.456 PHP mn in 2015 and a record low of 1,991.000 PHP mn in 2009. Philippines GDP: CAR: 2000p: Industry Sector: Electricity and Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A031: SNA 2008: Regional Gross Domestic Product: by Industry: 2000 Price.
The total electricity consumption in the Philippines amounted to about 118,000 gigawatt-hours in 2023, indicating an increase from the previous year. The country’s electricity consumption gradually increased year-on-year until 2020. Coal as the leading energy source Electricity generation in the Philippines is mainly powered by coal, accounting for about 60 percent of the total power generation mix. Driven by its energy composition and price compared to other energy sources, coal has been powering the country for decades. However, due to a much lower production output compared to consumption levels, most of the country’s coal supply is imported, mainly from Indonesia. Is the Philippine energy composition going green? The heavy dependence on coal for power generation raised the alarm of environmental activists and various organizations across the Philippines. Burning coal to produce electricity has been significantly polluting the environment, with greenhouse gas emissions in 2021 reaching nearly twice as much as recorded at the start of the decade. Calls to utilize cleaner energy sources were amplified, as the country has abundant solar, hydro, and geothermal energy. Yet, despite the passage of the Renewable Energy Act in 2008, renewables only made up less than a quarter of the total energy mix.
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Philippines GDP: CALABARZON: 2000p: Industry Sector: Electricity and Gas data was reported at 47,048.230 PHP mn in 2017. This records an increase from the previous number of 45,499.947 PHP mn for 2016. Philippines GDP: CALABARZON: 2000p: Industry Sector: Electricity and Gas data is updated yearly, averaging 39,473.000 PHP mn from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 47,048.230 PHP mn in 2017 and a record low of 33,584.000 PHP mn in 2009. Philippines GDP: CALABARZON: 2000p: Industry Sector: Electricity and Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A031: Regional Gross Domestic Product: by Industry: SNA 2008: 2000 Price.
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Philippines GDP: ARMM: 1985p: Industry Sector: Electricity & Gas data was reported at 724.289 PHP mn in 2009. This records an increase from the previous number of 723.204 PHP mn for 2008. Philippines GDP: ARMM: 1985p: Industry Sector: Electricity & Gas data is updated yearly, averaging 614.620 PHP mn from Dec 1998 (Median) to 2009, with 12 observations. The data reached an all-time high of 775.605 PHP mn in 2006 and a record low of 521.466 PHP mn in 1998. Philippines GDP: ARMM: 1985p: Industry Sector: Electricity & Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A061: SNA 1968/1993: Regional Gross Domestic Product: by Industry: 1985 Price.
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Philippines GDP: Ilocos Region: 1985p: Industry Sector: Electricity & Gas data was reported at 361.706 PHP mn in 2009. This records an increase from the previous number of 349.294 PHP mn for 2008. Philippines GDP: Ilocos Region: 1985p: Industry Sector: Electricity & Gas data is updated yearly, averaging 287.928 PHP mn from Dec 1998 (Median) to 2009, with 12 observations. The data reached an all-time high of 361.706 PHP mn in 2009 and a record low of 230.765 PHP mn in 1998. Philippines GDP: Ilocos Region: 1985p: Industry Sector: Electricity & Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A061: Regional Gross Domestic Product: by Industry: SNA 1968/1993: 1985 Price.
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Philippines GDP: Central Luzon: 1985p: Industry Sector: Electricity & Gas data was reported at 4,453.434 PHP mn in 2009. This records a decrease from the previous number of 4,569.881 PHP mn for 2008. Philippines GDP: Central Luzon: 1985p: Industry Sector: Electricity & Gas data is updated yearly, averaging 3,966.262 PHP mn from Dec 1998 (Median) to 2009, with 12 observations. The data reached an all-time high of 4,569.881 PHP mn in 2008 and a record low of 3,203.200 PHP mn in 1998. Philippines GDP: Central Luzon: 1985p: Industry Sector: Electricity & Gas data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A061: Regional Gross Domestic Product: by Industry: SNA 1968/1993: 1985 Price.
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Philippines PH: Industry Electricity Price: USD per kWh data was reported at 0.420 USD/kWh in 2020. This records a decrease from the previous number of 0.480 USD/kWh for 2019. Philippines PH: Industry Electricity Price: USD per kWh data is updated yearly, averaging 0.500 USD/kWh from Dec 2010 (Median) to 2020, with 11 observations. The data reached an all-time high of 0.600 USD/kWh in 2012 and a record low of 0.420 USD/kWh in 2020. Philippines PH: Industry Electricity Price: USD per kWh data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Philippines – Table PH.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.