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Meralco power rates to increase in May


BusinessWorld
May 7, 2021 | 7:29 pm
PHILIPPINE STAR/MICHAEL VARCAS
POWER rates in the Manila Electric Co. (Meralco) service area are expected to rise in May with the typical household expected to pay an additional P37 on its monthly bill, the first to not include the refunds for over-recoveries in transmission and other charges, Meralco said.
Meralco said in a statement Friday that the overall power rate for May is P8.5920 per kilowatt-hour (kWh), against P8.4067 per kWh in April.
The May rate is also lower than the year-earlier level of P8.7468 per kWh.
The typical household is defined as one that consumes 200 kWh. ....

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Meralco hikes April power rate


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 March.
The power rate hike is equivalent to around P17 in the total bill of residential customers consuming 200 kWh.
Nonetheless, Meralco said April’s overall rate is still at P8.5884/kWh, which is lower than last year’s P8.9951/kWh. ....

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Meralco slashes power rates for 2nd straight month in March


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 March from P8.6793 in February.
This is the second consecutive month that the power distribution firm implemented rates reduction.
The P0.3598/kWh rate rollback is equivalent to a decrease of around P72 in the total bill of residential customers consuming 200 kWh. ....

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Meralco rates down this month


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 P8.3195 per kWh this March.
This translates to a decrease of around P72 in the total bill of residential customers consuming 200 kWh.
This month’s rate is the lowest since August 2017. ....

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