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Meralco power rates up this month

The Philippine Star

|

September 12, 2024

Power distributor Manila Electric Co. (Meralco) is increasing power rates by P0.1543 per kilowatt-hour this month, bringing the overall rate to P11.7882 per kWh from last month’s P11.6339 per kWh.

- BRIX LELIS

The latest adjustment, which marks the third straight month of hikes, translates to an increase of around P31 for the electricity bills of typical households consuming 200 kWh a month.

At a press conference yesterday, Meralco attributed the higher power rate to the P0.2913-per-kWh rise in transmission charges, which offset the P0.1547-per-kWh reduction in generation costs.

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