Meralco customers can expect lower electricity bills this month
MANILA, Philippines—Customers of the Manila Electric Co., the country’s biggest power distributor, can expect their power bills to go down this month as the generation charge fell by 24 centavos to P5.298 per kilowatt-hour.
This means that households consuming 100 kWh a month can expect a decrease of P24 in their electricity bills, while those that use 200 kWh a month will enjoy a P48-reduction for July. Households that use up to 300 kWh monthly can expect a decrease of P72.
In a statement, Meralco said that the drop in the generation charge was due to lower power prices at the wholesale electricity spot market and independent power producers.