The Manila Electric Company (Meralco) announced earlier this month that power rates have decreased by P0.0216 per kilowatt hour (kWh) for a typical household.
From last month’s P8.7468 per kWh to P8.7252 per kWh this June, the reduction is equivalent to around P4 in the total bill of residential customers consuming 200 kWh.
According to Meralco, there has been three straight months of generation rate reduction, and a total rate decrease of more than one peso per kWh since the start of the year.