Meralco to charge to higher rates in February

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The story "Meralco to charge to higher rates in February" was covered 21 hours ago by Business Mirror, a news publisher based in Philippines.

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Meralco to charge to higher rates in February - Business Mirror

Quick Summary:

FEBRUARY electricity rates are going up by P0.2834 per kilowatt hour (kWh), bringing the overall rate for a typical household to P12.0262 from the previous month’s P11.7428 per kWh.

For residential customers with a consumption of 200 kWh, this translates to an increase of around P57 in their total electricity bill this month; P85 for 300kWh , P114 for 400kWh, and P144 for 500kWh.

Both average and peak demand in the Luzon grid were lower by 585 MW and 803 MW, respectively, offsetting the impact of the 612 MW increase in average capacity on outage.