Metro Manila (CNN Philippines) — Power distributor Meralco announced on Friday (February 5) it will increase rates by P0.42/kWh (per kilowatt-hour) this February.
Meralco explained the P0.25/kWh-increase in generation charge was the main driver for the rate hike.
The other reason for the adjustment was the lower dispatch levels of the powerplant.
Capacity is reduced because a number of power plants are undergoing maintenance shutdown in preparation for the election season.
ADVERTISEMENT
