News Briefs: Meralco raises rates by 85 centavos per kilowatt-hour - News Summed Up

News Briefs: Meralco raises rates by 85 centavos per kilowatt-hour


Meralco raises rates by 85 centavos per kilowatt-hourResidential customers of the Manila Electric Co. (Meralco) will see higher rates for the second month in a row, this time by 85 centavos per kilowatt-hour, as tight supply drove spot market prices further up. The distribution giant said the remaining 12 centavos per kWh would be carried over to next month’s billing cycle. The latest rate increase was mainly due to a 74.24-centavo per kWh increase in the overall generation charge. —RONNEL W. DOMINGOSacked urban poor exec gets new top post at HUDCCPresident Duterte has named one of the urban poor commissioners he had fired to one of the top posts at the Housing and Urban Development Coordinating Council (HUDCC). She was also one of the commissioners of the Presidential Commission on the Urban Poor that the President sacked last December.


Source: Philippine Daily Inquirer March 09, 2018 23:15 UTC



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