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Meralco rates down in January
The Philippine Star
|January 14, 2025
Power utility giant Manila Electric Co. (Meralco) is lowering its power rate by P0.2189 per kilowatt-hour this month, bringing the overall rate to P11.7428 kWh from December's P11.9617 per kWh.
This adjustment, which ends a two-month rate hike, translates to a reduction of around P44 in the total electricity bill for typical residential customers consuming 200 kWh.
At a press conference yesterday, Meralco spokesman Joe Zaldarriaga said the downward adjustment was primarily due to the reduction in generation costs, along with a slight drop in transmission and other charges.
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