BusinessWorld
May 7, 2021 | 7:29 pm
PHILIPPINE STAR/MICHAEL VARCAS
POWER rates in the Manila Electric Co. (Meralco) service area are expected to rise in May with the typical household expected to pay an additional P37 on its monthly bill, the first to not include the refunds for over-recoveries in transmission and other charges, Meralco said.
Meralco said in a statement Friday that the overall power rate for May is P8.5920 per kilowatt-hour (kWh), against P8.4067 per kWh in April.
The May rate is also lower than the year-earlier level of P8.7468 per kWh.
The typical household is defined as one that consumes 200 kWh.