July will have a bright spot in monthly bills of Meralco’s customers with the P0.72 kWh reduction on electricity rate recently announced by the utility.
This means that for households consuming 200 kWh, there will be a savings of around P144, while households consuming 300 kWh will pay P316 less fpr their electricity bill this month. The significant decrease is due to the lower generation charge that Meralco pays to its suppliers.
With these savings, you can keep the extra money to your emergency use, or add it to something more long-term like your child’s education fund.