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Meralco rates up in April billing

MANILA, Philippines – Meralco is increasing its power rates by 6.33 centavos per kilowatt-hour this April.

The power distributor said in a statement that the rate increase is mainly due to higher prices at the Wholesale Electricity Spot Market as well as the depreciation of the peso against the US dollar.

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For the typical household that consumes 200 kwh a month, the rate hike means an additional P13 in the bill. / gsg

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TAGS: April, increase, MERALCO, News update, RATE
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