Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Meralco lowers January power rates

January 8, 2019 9:36 AM
124 0

A typical household consuming 200 kilowatts per hour in a month will be able to save around P68

MANILA, Philippines – The Manila Electric Company (Meralco) lowered overall electricity rates to P9.8385 per kilowatt hour (kWh) for this month, the company announced on Tuesday, January 8.

The downward adjustment of P0.3418 per kWh from December’s P10.1803 per kWh means a decrease of around P68 in the bill of a typical household consuming 200 kWh per month.

The decrease is mainly the result of a reduction in the cost of power from Meralco’s Power Supply Agreements.

Charges from the wholesale electricity spot market also went down due to improvement in the Luzon power situation.

While consumers will enjoy lower rates, Meralco encouraged customers to continue practicing energy efficiency initiatives to manage electricity consumption.

Source: rappler.com

Share in social networks:

Comments - 0