Lower generation, transmission fees cut Meralco rates

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Lower generation, transmission fees cut Meralco rates - Business Mirror

Quick Summary:

Lower generation charges pulled down overall power rates of the Manila Electric Co.(Meralco) by P0.7499 per kWh to P12.2628 in May from P13.0127 per kWh recorded in April.

Also contributing to this month’s rate cut was the P0.2970 per kWh decrease in the transmission charge for residential customers.

For residential customers consuming 200 kWh this will result in a decrease of around P150 in their total electricity bill this month.