Meralco: Electricity Rates To Go Down P0.72 Per KWH
Photo credit: Meralco
Meralco has announced a reduction in electricity rates for the month of July.
Residential customers can expect a decrease of Php 0.72 per kilowatt-hour (kWh) in their electricity bills. This translates to a substantial P144 reduction in the total bill for typical residential customers.
The lowered electricity rates are primarily attributed to a decrease in the generation charge. Meralco has set the new electricity rate at Php 11.19 per kWh for residential customers who consume 200 kWh.
This new rate reflects a positive impact on the consumers' monthly expenses and is expected to bring relief to households across the Meralco service area.
With the reduction in electricity rates, customers can expect some respite from the high energy costs that have burdened households in recent times. Meralco continues to work closely with its power suppliers to ensure the stability and affordability of electricity for its customers.