Meralco hikes April rates by 53 centavos/kWh

MANILA, Philippines – More than 8 million consumers of Manila Electric Co. (Meralco) will receive bigger power bills this month after the electricity distributor announced a rate hike of 53 centavos per kilowatt hour (kWh).   READ: meralco-q1-energy-sales-soften This means that those consuming 200 kWh a month will pay P106 more in April. The power firm backed by the group led by Manuel V. Pangilinan said the increase in rates was due to higher generation charges and the depreciation of the peso against the US dollar. Generation charge accounts for more than half of the bill. The weakening of the […]... Keep on reading: Meralco hikes April rates by 53 centavos/kWh

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