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Meralco: Power rates to rise on higher generation cost

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.…

ERC to Meralco: Customers entitled to additional refund

The Energy Regulatory Commission (ERC) has ordered the Manila Electric Co. (Meralco) to refund its customers an additional P4.8 billion after it recomputed the utility firm’s Actual Weighted Average Tariff (AWAT). The total amount of P4,837,163,842 is equivalent to an average refund rate of P0.1064 per kilowatt hour (kWh), which…

Higher generation charge spurs hike in December power rates

THE Manila Electric Company (Meralco) announced Friday that the overall rate for a typical household went up by P0.3143 per kilowatt hour (kWh) to P9.7773 per kWh, from last month’s P9.4630 per kWh on the back of higher generation charges. This is equivalent to an increase of around P63 in…

Meralco hikes April power rate

Meralco hikes April power rate By TED CORDERO, GMA News Published April 8, 2021 11:24am After two consecutive months of power rate reductions, the Manila Electric Company is doing the opposite for April, due to higher generation cost amid tighter supply in Luzon during the warmer dry season weather. In an advisory, Meralco announced that it is increasing its household rate by P0.0872 per kilowatt-hour (/kWh), bringing the overall rate for the month to P8.4067/kWh from P8.3195/kWh in March. The power rate hike is equivalent to around P17 in the total bill of residential customers consuming 200 kWh. Nonetheless, Meralco said April’s overall rate is still at P8.5884/kWh, which is lower than last year’s P8.9951/kWh.

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