MANILA – Electricity rates will be slightly higher this month, Manila Electric Company (Meralco) announced Friday.
Meralco said power rates for March will increase by PHP0.0278 per kilowatt hour (kWh), bringing the electricity rates for this month at PHP8.8901 per kWh from PHP8.8623 per kWh in February.
“This is equivalent to a PHP6 increase in the total bill of residential customers consuming 200 kWh,” the firm said in a statement.
This month’s rate is lower compared to March 2019’s PHP10.4961 per kWh.
“The slight increase this month is mainly due to a higher generation charge,” Meralco said.
Generation charge this month increased to PHP4.6632 per kWh from PHP4.5090 per kWh in February.
In the first two months of the year, Meralco implemented a total of PHP1 cut on power rates. (ia/PNA)