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Meralco to cut September rates

Meralco subscribers can look forward to lower power rates this June.

Metro Manila (CNN Philippines) — Meralco customers will see a P0.57 per kilowatt hour (kWh) reduction in their electricity bills this September, marking the fifth consecutive month that the electricity distributor has slashed its overall electricity rates.

For a household consuming 200 kWh a month, savings will amount to P114.

If your consumption ranges from 300 to 400 kWh a month, expect a reduction of P171 to P228.

Those consuming as much as 500 kWh a month will pay P285 less.

Meralco spokesperson Joe Zaldarriaga said that sufficient power supply helped lower electricity costs.

Prices in the electricity market where the power distributor buys a part of its supply are also low.

Meralco said that the downtrend may continue for the rest of the year as consumption normally goes down in the cooler months.

CNN Philippines’ Kristine de Guzman contributed to this report.

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