Meralco Consumers Enjoys lower power rates in May
Earlier this month, Meralco announced that the rate for its residential customers in May would go down by 41-centavos per kWh, thereby bringing it down to Php 8.44 per kWh for a typical household consuming 200 kWh, this translates to a reduction of around php 82.00 in their electricity bill. I actually was really happy to see this because as one of the breadwinners in my family, our household really needs to budget a lot so this reduction is amazing for us! This month’s overall rate is lower by Php 1.54 per kWh compared to May 2015’s Php 9.98 per kWh. It is also the lowest since January 2010, or over a period of six years. The decrease was primarily due to the generation charge that has decreased by about .21 php for kWh from April. · Transmission charge likewise registered a decrease of PhP0.10 per kWh due to the reduction in NGCP’s ancillary charges and slight decrease in Power Delivery Service (PDS) charge. One of the things that I le...