Meralco rates go down by P0.29 per kWh this May

THE Manila Electric Company ( Meralco) announced that electricity rates for a typical household went down this May by P0.29 per kilowatt hour (kWh) for its residential customers. Households consuming 200 kWh will experience a reduction of around P58 in their electricity bill.

Meralco Public Information photo) explained that the overall rate decrease was due to the downward movement in the generation charge. Meralco also gave energy efficiency tips for its customers – like unplugging appliances when not in use, and turning the aircon to 25°C mid-setting – to help them manage their electrical consumption this summer season.

Overall generation charge decreased this May by P0.2126 per kWh, from P5.0965 per kWh in April to P4.8839 per kWh for this month, inclusive of the last installment of the incremental liquid fuel cost due to the Malampaya maintenance shutdown from

Contributing to the decrease in the cost of power sourced from independent power producers ( IPPs) and the P0.14 per kWh decrease in power supply agree- ment (PSA) prices.

the strengthening of the peso against the US dollar also contributed to the decrease in PSA costs this month.