Metro Manila (CNN Philippines, September 9) — Meralco has announced that its customers will see lower electricity bills again for this month owing to a drop in generation charges for the sixth straight month.
In a statement on Wednesday, Meralco said the lower rates also stem from reduced power demand from customers during the quarantine period.
“As the overall rate for a typical household decreased by ₱0.0623 per kWh (kilowatt hour), or from last month’s ₱8.4911 per kWh to ₱8.4288 per kWh this September. This is equivalent to a reduction of around ₱12 in the total bill of residential customers consuming 200 kWh,” the statement said.
Meralco added this month’s overall rate would be the lowest in three years.
Generation charges fell from ₱4.1241 per kWh in August to ₱4.0860 per kWh this September.
Meanwhile, wholesale electricity spot market charges were ₱0.0147 per kWh lower this month due to a decrease in the Luzon demand as some areas returned to a stricter quarantine status from August 4 to 18.
