Price rollback is always a good news!
So, here’s one from Meralco.
The Manila Electric Company (Meralco) said that overall rates went down by P0.70 per kilowatthour (kWh) this May. Said decrease is due to lower generation costs from all power suppliers of Meralco.
For a typical household consuming 200 kWh, the overall electricity bill will go down by P140. At P9.98 per kWh, this month’s rate is lower by P1.46 compared to May 2014’s P11.44 per kWh.
Adjustments in other bill components
In addition to the generation charge, taxes and other charges registered reductions of PhP 0.07 and PhP 0.08 per kWh, respectively. These offset a PhP 0.05 per kWh increase in the transmission charge.
Meralco reiterated that it does not earn from the pass-through charges, such as the generation and transmission charges. Payment for the generation charge goes to the power suppliers, while payment for the transmission charge goes to the National Grid Corporation of the Philippines (NGCP). Of the total bill, only the distribution, supply, and metering charges accrue to Meralco.
Meralco’s distribution charge has not registered any adjustment and has remained at the same level for 10 months now or since July 2014.
