Close  
  • share this

Meralco hikes rates by up to P3 per kWh

By: - Reporter / @NCorralesINQ
/ 11:28 AM December 04, 2013

The Malampaya gas platform located 80 kilometers northwest of the coast of Palawan. INQUIRER FILE PHOTO

MANILA, Philippines—The Manila Electric Company (Meralco) will temporarily increase its generation charge by P2 to P3 per kilowatt-hour, the country’s biggest power distributor announced Wednesday.

“The increase in generation cost starting this December is because of the shutdown of the Malampaya Power Plant from November 11 to December 10,” said Meralco spokesman Joe Zaldarriaga in an interview over Inquirer Radio 990AM.

ADVERTISEMENT

Zaldarriaga said the amounts presented are cost estimates because Meralco is still waiting for the invoices from its power suppliers before final charges could be made.

The power hike, he explained, will be a result of a “more expensive” fuel from the suppliers of Meralco.

FEATURED STORIES

“The Ilijan and Sta. Rita power plant in Batangas used liquid fuel instead of natural gas which is P3 to P4 more expensive.  The impact of this will reflect on our generation charge,” he said.

He said the increase in generation charge will reflect on the receipts of customers starting this December and will last until February.

He assured customers that the increase would be temporary.

“Once the pipeline and maintenance is finished, we will be back to lower cost of electricity,” he said.

The exact figures of the increase will be announced Monday when all necessary computations are done, he said.

ADVERTISEMENT
Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Consumer issues, Electricity, MERALCO, power, power hike
For feedback, complaints, or inquiries, contact us.
entertainment

Harvey Weinstein breaks with his criminal defense lawyer

January 18, 2019 01:55 PM

newsinfo

Pangasinan cop nabbed for using stolen van

January 18, 2019 01:47 PM

newsinfo

Duterte to meet 12 minors ‘rescued’ by PDEA

January 18, 2019 01:35 PM




© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.