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Meralco raises electricity rate by P1 per KWH

/ 07:54 AM February 09, 2018

Customers of the Manila Electric Co. (Meralco) will see their monthly bill rise for the first time in three months this month after the company’s announcement of a P1.08-per-kilowatt-hour increase due to higher generation charges.

Meralco, however, said the increase in its overall rate would not be implemented in one go, “in the interest of consumer welfare.”

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If implemented fully, the increase would mean that a typical household that uses 200 kwh a month would see an additional P216 on the bill.

“[We] advise the public to wait for [an] announcement on the final rate adjustment for February, and how the remainder of the increase will be implemented,” Meralco said.

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The company explained that the increase was mainly due to the 85-centavo-per-kwh rise in the pass-through generation charge.

“Meralco’s distribution, supply, and metering charges, meanwhile, have remained unchanged for 31 months,” it added.—RONNEL W. DOMINGO

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TAGS: MERALCO, Philippine news updates, power rate hike
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