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Meralco rates down this month
The Philippine Star
|June 17, 2024
Power distributor Manila Electric Co. (Meralco) is lowering electricity rates by P1.9623 per kilowatthour this month instead of the earlier announced P0.6436 per kWh increase.
This followed an Energy Regulatory Commission (ERC) order to stagger the collection of charges covering purchases from the wholesale electricity spot market (WESM) in four equal monthly installments until September.
The latest adjustment brought Meralco’s overall electricity rate to P9.4516 per kWh in June from the previous month’s P11.4139 per kWh.
Dit verhaal komt uit de June 17, 2024-editie van The Philippine Star.
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