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Meralco power rates down this month
The Philippine Star
|March 07, 2024
Energy utility provider Manila Electric Co. (Meralco) has estimated a lower generation charge this month.
“While we have yet to receive all the billings from our suppliers, initial indications show lower generation charge this March,” Meralco vice president and head of corporate communications Joe Zaldarriaga said yesterday.
Lower prices in March can be attributed to the resumption of operations of the San Buenaventura power plant after undergoing maintenance, according to Zaldarriaga.
He added that the wholesale electricity spot market prices were lower following an improved supply situation in the Luzon grid.
This story is from the March 07, 2024 edition of The Philippine Star.
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