Rates of Manila Electric Co. decreased by P0.12 per kilowatt-hour this month – reversing the anticipated increase in tariff – thanks to the P7.8-billion refund ordered by the Energy Regulatory Commission.
Power rates for this month will go up to P10.1830 per kilowatt hour (kWh) from P9.6467 per kWh last month, the Manila Electric Co. (Meralco) announced Monday. The P0.5363 upward adjustment is equivalent to an increase of around P107 in the total bill of a residential customer consuming 200 kWh.…
Electricity rates this month will go up slightly by P0.0625 to P9.6467 per kilowatt hour (kWh) from last month’s P9.5842 per kWh mainly due to higher generation charge recorded in the February supply month, the Manila Electric Co. (Meralco) said Thursday. The March rate adjustment is equivalent to an increase…
Rates of Manila Electric Co. decreased for the second straight month this February, largely due to lower charges from Independent Power Producers and the wholesale electricity spot market.
Power generation charge for the January supply month led to a reduction of P0.1185 per kilowatt hour (kWh) in Manila Electric Co. (Meralco) bills this month. From last month’s P9.7027 per kWh, Meralco rates went down to P9.5842 per kWh in February. This is equivalent to a reduction of around…