MANILA, Philippines — Customers of Manila Electric Co. (Meralco) will pay an additional 2.83 centavos per kilowatt-hour more in October as Meralco’s overall rate increased for the seventh month in a row. For the typical household billed for 200 kWh, the increase means an additional P6 in the monthly bill. Meralco said the cause was mainly an increase in the transmission charge collected by the National Grid Corp. of the Philippines. For the October billing cycle, Meralco’s overall rate reached P9.1374 per kWh from P9.1091 per kWh in September, mainly due to a higher generation charge. The transmission charge for residential customers alone rose by 2.83 per kWh to 70.85 centavos per kWh from 68.03 centavos per kWh.

Source: Philippine Daily Inquirer October 08, 2021 21:44 UTC