Posts

Showing posts with the label Meralco

MERALCO RATES DOWN FOR TWO CONSECUTIVE MONTHS

Image
Meralco announced that power rates decreased by Php 0.19 per kilowatthour (kWh) this month, equating to Php 39 in total bill savings for a typical household consuming 200 kWh per month. The second straight month of electricity rate decrease represents a total downward adjustment of around P0.47 per kWh since May 2019.   Meralco Public Information Office Head Joe Zaldarriaga (in photo) explained that the over-all rate decrease can be attributed to lower charges from the Wholesale Electricity Spot Market (WESM) despite continued tight supply conditions.  For more information, customers may visit Meralco’s website at www.meralco.com.ph or its social media accounts, Twitter @meralco and Facebook at www.facebook.com/meralco .

POWER RATES DOWN DESPITE RISE IN SPOT MARKET PRICES

Image
Meralco announced that power rates decreased by Php 0.27 per kilowatthour (kWh) this month for a typical household.  For residential customers consuming 200 kWh per month, Meralco customers will enjoy a reduction of Php 55 in their electricity bills. Meralco Public Information Office Head Joe Zaldarriaga (in photo) explained that the overall rate decrease can be attributed to lower cost of power from Power Supply Agreements (PSAs) and Independent Power Producers (IPPs) due to strengthening of the Philippine Peso against US dollar and lower fuel prices.  These factors offset higher Wholesale Electricity Spot Market (WESM) prices which increased due to tight power supply conditions.  For helpful energy efficiency tips, customers may visit Meralco’s website at www.meralco.com.ph or its social media accounts, Twitter @meralco and Facebook at www.facebook.com/meralco .