Power rates slightly up in June

Manila Electric Company linemen conduct maintenance works along Taft Avenue in Manila on March 18, 2021. (PNA photo by Avito C. Dalan)/ FILE

The Manila Electric Company (Meralco) on Friday, June 9, announced another rate hike for June due to the completion of the Distribution Rate True-Up (DRTU) refund to its customers.

Meralco said there will be an increase of P0.4183 per kilowatt-hour (kWh) in its overall rate, which would raise a typical household’s overall electricity rate to P11.9112 per kWh from P11.4929 per kWh in the previous month.

“Itong bahagyang pagtaas na ito, actually na-communicate na po namin sa inyo sa mga nakaraan at I am sure na-anticipate na rin sana sapagkat paulit-ulit na rin pong sinabi na asahan itong epekto ng pagtatapos ng naturang DRTU,” Meralco spokesperson Joe Zaldarriaga said.

Zaldarriaga explained that the rate hike was however tempered by the decline in generation charge.

“Ibig sabihin, bumaba ‘yung bili namin sa mga generator habang may 4 centavo decrease naman para sa transmission charge. Itong pagbaba ng generation charge ay dahilan ng mas mababang singil mula sa mga power supply agreements ng Meralco at gayundin po sa independent power producers o IPPs,” he noted. CF/with reports from Patrick de Jesus-ag

Popular

PBBM to endorse ‘best’ candidate for 2028 presidential race

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday said he will endorse the “best” candidate in the 2028...

PBBM: Pax Silica a ‘good deal’ to attract more investments

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday described the Pax Silica initiative as a “good deal,” saying...

Palace defends P7.2T budget, urges critics to study spending plan

By Darryl John Esguerra | Philippine News Agency Malacañang on Thursday hit back at critics of the proposed P7.2-trillion 2027 national budget, telling lawmakers to...

Palace: PBBM has no personal knowledge of DPWH ‘leadership fund’

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. has no personal knowledge of the so-called “leadership fund” in the Department...