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Meralco rates up in March billing
The Philippine Star
|March 09, 2024
Energy utility provider Manila Electric Co. (Meralco) has increased electricity rates this March by P0.0229 per kilowatt hour, marking the third increase this year.
The adjustment brings the overall rate to P11.9397 per kwh from last month's P11.9168 per kwh, with residential customers consuming 200 kwh expected to see an increase of P5 in their electricity bill.
According to Meralco, the adjustment is attributed to the P0.3976 per kwh . increase in the transmission charge due to higher ancillary service charges, which tripled this month 1 and account for around 52 percent of total transmisssion costs.
"This increase was s tempered by a P0.3518 per kWh reduction in the generation charge," Meralco H declared.
This story is from the March 09, 2024 edition of The Philippine Star.
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