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Meralco rates down this month; fuel prices up today
The Philippine Star
|January 13, 2026
Meralco is cutting power rates by P0.1637 per kilowatt-hour this month, bringing down its overall rate to P12.9508 per kWh from December’s P13.1145 per kWh.
Major oil companies, meanwhile, are set to hike fuel prices today amid recent geopolitical developments, with diesel going up by P0.20 per liter and gasoline and kerosene by P0.30 per liter.
Concerns over a potential halt in Iranian exports due to civil unrest, disruptions to Russian flows amid the Russia-Ukraine war and uncertainty over Venezuelan supply have pushed up oil prices, according to a local industry source.
Earlier projections had suggested a rollback in domestic pump prices, but last Friday’s trading wiped out those expected decreases.
For the cut in power rates, Meralco spokesman Joe Zaldarriaga pointed to lower transmission and generation charges despite upward pressures on certain cost components.
This story is from the January 13, 2026 edition of The Philippine Star.
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