MANILA, Philippines — Power rates will go down by P0.5436 per kilowatt-hour (kwh) this month due to lower generation and transmission costs, the Manila Electric Co. (Meralco) announced yesterday. Meralco said overall electricity rates this month amounted to P10.0041 per kwh compared to P10.55 per kwh in April. Meralco attributed the lower power rates to the P0.4212 per kwh decrease in generation charge from P5.4735 per kwh to P5.0523 per kwh. Meralco sourced 22 percent of its total electricity requirement from WESM this month. With the lower generation and transmission costs, taxes and other charges went down by P0.1128 per kwh this month.

Source: Philippine Star May 08, 2018 15:42 UTC