Meralco billing higher in Dec. By ₱0.3044/kwh 0 SHARES Share it! The December billed tariff had gone up to ₱9.8623 per kwh from the last billing month’s ₱9.5579 per kwh. For this billing cycle, the generation charge of Meralco had inched up to ₱5.1967 per kwh, which is an increase of ₱0.1650 per kwh from the November charge of ₱5.0317 per kwh. “Charges from the WESM increased by ₱1.0799 per kwh driven by tighter supply conditions in the Luzon grid,” the utility firm said. Meralco emphasized that “around 96 percent of IPP costs are dollar-denominated, while around 61 percent of PSA costs are dollar-denominated.”
Source: Manila Bulletin December 09, 2019 10:30 UTC