ERC Approves Staggered Meralco Rate Increase

The Energy Regulatory Commission (ERC) has approved a staggered billing scheme with proposed by Manila Electric Company’s (Meralco) plan to implement a P3.44 per kilowatt-hour (kWh) increase in its generation charges. The approval by ERC was announced on Monday, December 9, 2013. ABS-CBN reported that under the staggered scheme, increase in charges in December will … Read more

Meralco Announced Power Rates Increase for September

The Manila Electric Company (Meralco) announced it is collecting P0.18/kWh in generation charge for September. Meralco officials electricity prices in the wholesale electricity spot market soared while transmission fees also spiked for this period. According to estimates, for those consuming 200 kWh, the increase in electricity bill is almost P35; for 300 kWh users, it … Read more