Meralco rates down this month - News Summed Up
Meralco rates down this month

Meralco rates down this month

January 08, 2019 13:52 UTC

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Meralco rates down this month


Meralco rates down this month 0 SHARES Share it! On the whole though, taxes as well as other charges still manifested overall cost decline of P0.0444 per kwh, according to the power utility firm. Meralco said its supply sourcing from underwritten power supply agreements (PSAs) had been significantly down by as much as P1.2293 per kwh in December supply month. On the utility firm’s contracted independent power producers (IPPs), their billed rates had been higher by P0.0847 per kWh in the last supply month, and that was attributed mainly to the depreciation of the Philippine currency vis-à-vis the greenback. The respective shares of supply from IPPs and WESM reflected in this billing month had been at 42-percent and 18-percent, according to Meralco.


Source: Manila Bulletin January 08, 2019 13:52 UTC



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