By Christine Fabro
The Manila Electric Company (Meralco) on Tuesday, April 11, announced its adjustments on electricity rates for April due to a decline in generation charges.
In an advisory, Meralco said the electricity rate for April declined by P0.12 per kilowatt hour (kWh), bringing down electricity charges to P11.3168 per kWh from the previous month’s P11.4348 per kWh.
This is equivalent to a P24-reduction on the total bill of typical households consuming 200 kWh per month, Meralco noted.
The distribution utility said the reduction of charges was caused by “lower generation costs from the Wholesale Electricity Spot Market and Meralco’s Power Supply Agreements.” – ag
