Meralco: October rates up slightly

by Alena Mae S. Flores, 09 October 2017

from Manila Standard

Consumers of Manila Electric Co. this month will experience increased rates of P0.0345 per kilowatt-hour for a typical residential household.

Meralco attributed the rate increase to the higher generation charges, which were slightly offset by the reduction in other charges.

The company said the overall rate climbed to P9.2836 per kWh from last month’s P9.2491 per kWh.

“The slight rate increase this month amounts to a P6.91 increase in the total bill of a typical residential household consuming 200kWh,” Meralco said.

Meralco’s overrall generation charge increased in October by P0.1777 per kWh to P4.7155 per kWh from P4.5378 per kWh in September “primarily due to the completion of the 2014-2016 Meralco-petitioned refund in the previous month, which lowered the September generation charge rate compared to the October generation charge.”