PRESS RELEASE:
Power rates down this month
Lower spot market charges and cheaper fuel prices lead to generation charge reduction
The Manila Electric Company (Meralco) said that overall rates went down by PhP 0.70 per kilowatthour (kWh) this May. Said decrease is due to lower generation costs from all power suppliers of Meralco.
For a typical household consuming 200 kWh, the overall electricity bill will go down by PhP 140. At PhP 9.98 per kWh, this month’s rate is lower by PhP 1.46 compared to May 2014’s PhP 11.44 per kWh.
