Meralco rates dip for 2nd straight month

MANILA, Philippines — Manila Electric Co. (Meralco) customers will see a slight reduction in their bills this month as the power giant slashed the rate by P0.0409 per kilowatt-hour (kWh).

The overall rate for a typical household now stands at P14.7424 per kWh, down from a month ago’s P14.7833 per kWh.

READ: Meralco rates to dip by P0.0428/kWh in August

According to Meralco vice president and head of corporate communications Joe Zaldarriaga, the dip in September rates would translate to a small cut of about P8 in the total electricity bill of residential customers consuming 200 kWh.

READ: VisMin consumers brace for higher power rates in September

“This follows a rate decrease Meralco implemented last month, and we hope that this will somehow provide relief to our customers,” he said in a statement on Friday.

This month’s rate reduction was also attributed to lower government-imposed taxes and the grid operator’s lower ancillary service charges. /pai