1 month MERALCO RATES DOWN FOR THE FOURTH STRAIGHT MONTH MB
The Manila Electric Company (MERALCO) announced the fourth consecutive month of lower power rates, as overall electricity rates for a typical household consuming 200kWh decreased to P9.5674 per kWh this August from last month’s P9.9850 per kWh. The downward adjustment of P0.4176 per kWh will mean a decrease of around P84 in the typical household’s total bill. The fourth straight month of electricity rate decrease represents a total downward adjustment of almost P1 per kWh since May 2019. Lower WESM charges lead to overall generation charge decrease From P5.4227 per kWh last month, generation charge for August went down to P4.9620 ... more