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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.
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.
This story is from the September 12, 2024 edition of The Philippine Star.
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