Higher Meralco rates loom this monthMeralco spokesman Joe Zaldarriaga said initial indications point to a potential “minimal movement” in electricity rates for January. MANILA, Philippines — Over eight million customers of Manila Electric Co. (Meralco) may see higher power rates this month due to peso depreciation and a new pass-through charge supporting renewable energy. Meralco spokesman Joe Zaldarriaga said initial indications point to a potential “minimal movement” in electricity rates for January. “We hope this will be mitigated or offset by lower WESM (Wholesale Electricity Spot Market) prices during the December supply month,” Zaldarriaga said. “We remain optimistic that the decrease in demand and consumption of customers will help manage the electricity bills this January,” Zaldarriaga said.

Source: Philippine Star January 08, 2026 16:33 UTC