Meralco expects higher generation charge this month

Energy utility provider Manila Electric Co. (Meralco) said indications point to a higher generation charge this month as the Luzon grid was placed under red and yellow alerts with several power plants are either offline or running at a reduced capacity.

- PATRICK MIGUEL

“This is mainly due to higher Wholesale Electricity Spot Market (WESM) prices brought about by the tight supply condition, as power demand surged along with higher heat indices,” Meralco said.

This means household consumers may expect a higher electricity rate this month.

“We continue to remind the public to practice energy efficiency to have better management over their power consumption and electricity bills,” Meralco said.

According to Meralco, the Luzon grid in April alone recorded six and five days of yellow and red alerts, respectively.