MANILA, Philippines – Meralco announced that the rate for a typical household will go down this October by P0.12 per kilowatthour (kWh), thereby bringing it down to P8.34 per kWh.
This translates to a reduction of around P24 in the electricity bill of a household with monthly consumption of 200 kWh.
The reduction is due to downward movements in both generation and transmission charges. This is also the third straight month of reduction in the overall residential rate.
This month, there was a decrease in the generation charge which is P0.0501 per kWh lower than last month’s P3.9439 per kWh. At P3.8938 per kWh, the generation charge is P0.1017per kWh lower compared to October 2015’s P3.9955 per kWh.
The decrease resulted mainly from lower charges from the Wholesale Electricity Spot Market (WESM) due to lower demand in September as compared to August.
There was also a decrease in the transmission charge by P0.0558 per kWh, mainly due to the reduction in the Ancillary Charges of the National Grid Corporation of the Philippines (NGCP). Taxes and other charges also decreased by a combined amount of around P0.0157per kWh.
Meralco’s distribution, supply and metering charges, meanwhile, have remained unchanged for 15 months after these registered reductions in July 2015.
Meralco reiterated that it does not earn from the pass-through charges, such as the generation and transmission charges. Payment for the generation charge goes to the power suppliers, while payment for the transmission charge goes to NGCP.
Meralco also urges customers to update their contact information in order to help stay ahead of power interruptions. Contact information updates can be done through:
- Authorized Meralco representatives;
- Your nearest Meralco business center; or
- Download the form here, fill out and send a scanned copy to customercontacts@meralco.com.ph.
Watch the October 2016 edition of the Meralco Advisory below to learn more about this month’s rates or click here to find out more about updating your information.
READ MORE:
Electricity rates go down in September
Electricity rates go down in August
Electricity rates drop again in June