Meralco rates up this April
Credit to Author: JORDEENE B. LAGARE| Date: Mon, 08 Apr 2019 03:56:21 +0000
CONSUMERS may need to readjust their budget as the Manila Electric Co. (Meralco) announced an increase in its rates from P0.0633 per kilowatt hour (kWh) to P10.5594 per kWh this month.
Households that consume 200 kWh will see an increase of P12.66 in their April bill; those who consume 300 kWh will notice an P18.99 raise; 400 kWh, P25.32; and 500 kWh, P31.65
In a statement on Monday, Meralco attributed the slight adjustment to higher charges from the Wholesale Electricity Spot Market (WESM) and the weakening of the Philippine peso against the US dollar.
Generation charge for April went up by P0.0349 per kWh to P5.6322 per kWh, previously P5.5973 per kWh in March.
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