BPC’s P2.5bn bailout raises questions ahead of tariff decision

The proposed tariff adjustment has already drawn strong opposition from the industry, as manufacturers and exporters warn that the increase could severely undermine the country’s fragile industrial base.

Late last year, BPC lodged a tariff application with BERA seeking an average 46% increase in electricity prices from April 2026. Under the proposal, domestic consumers would face the steepest adjustment at 68%, whilst government users would see tariffs rise by 41%. Commercial users and mining companies would each face increases of about 40%, producing a weighted average adjustment of 46% across all consumer categories.