MANILA, Philippines — The Manila Electric Company (Meralco) announced lower power rates for two consecutive months, as overall electricity rates for a typical household consuming 200kWh decreased to P10.0918 per kWh from last month’s P10.2866 per kWh. Lower generation chargeFrom P5.5508 per kWh last month, generation charge for June went down to P5.4158 per kWh, a decrease of P0.1350 per kWh. The generation charge decrease is primarily due to lower charges from the Wholesale Electricity Spot Market (WESM), despite increases in the charges of Independent Power Producers (IPPs) and Power Supply Agreements (PSAs). Decrease on other chargesTransmission charge for residential customers decreased by P0.0427 per kWh, primarily due to lower Ancillary Service Charges. Payment for the generation charge goes to the power suppliers, while payment for the transmission charge goes to the NGCP.

Source: Philippine Star June 11, 2019 10:09 UTC