Interim Average Rate News Today

Power rates for this month will go up to P10.1830 per kilowatt hour (kWh) from P9.6467 per kWh last month, the Manila Electric Co. (Meralco) announced Monday. The P0.5363 upward adjustment is equivalent to an increase of around P107 in the total bill of a residential customer consuming 200 kWh.…

THE Manila Electric Company (Meralco) announced Friday that the overall rate for a typical household went up by P0.3143 per kilowatt hour (kWh) to P9.7773 per kWh, from last month’s P9.4630 per kWh on the back of higher generation charges. This is equivalent to an increase of around P63 in…

Meralco hikes April power rate By TED CORDERO, GMA News Published April 8, 2021 11:24am After two consecutive months of power rate reductions, the Manila Electric Company is doing the opposite for April, due to higher generation cost amid tighter supply in Luzon during the warmer dry season weather. In an advisory, Meralco announced that it is increasing its household rate by P0.0872 per kilowatt-hour (/kWh), bringing the overall rate for the month to P8.4067/kWh from P8.3195/kWh in Mar...

Meralco slashes power rates for 2nd straight month in March By TED CORDERO, GMA News Published March 9, 2021 11:03am Customers of the Manila Electric Co. (Meralco) can expect lower monthly electricity bills this month as the distribution utility is slashing anew the electricity rates, reflecting the government-mandated refund to its consumers. On Tuesday, Meralco said it is reducing household power rates by P0.3598 per kilowatt-hour (kWh), bringing the overall rate to P8.3195/kWh in Mar...

Meralco attributes the decrease in power rates to the implementation of the ₱13.9-billion refund for its customers.

Meralco rates down this month Danessa Rivera © Boy Santos, file Meralco rates down this month MANILA, Philippines — Rates of Manila Electric Co. (Meralco) were slashed for the second straight month in March, factoring in the approved refunds and decline in generation costs. In a virtual briefing yesterday, Meralco VP, head of corporate communications and spokesman Joe Zaldarriaga said power rates decreased by P0.3598 per kilowatt-hour from P8.6793 per kWh in February, to P8...