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Power consumers of Manila Electric Company will experience significantly higher rates in July of P2.1496 per kilowatt hour mainly due to higher generation charge as power costs normalized following artificially low rates last month.
“We again appeal for the understanding of our customers over the delayed bills as we sought guidance from the ERC on the implementation of this month’s rate adjustment. Rest assured that Meralco will adjust the due dates to give our customers enough time to settle their bills,” Meralco Vice President and Head of Corporate Communications Joe R. Zaldarriaga said.
Meralco said that for the July billing, WESM charges were higher by P6.6370 per kWh, as charges not only normalized but also reflected the recovery of a portion of deferred WESM costs from the May supply month. Charges from Meralco’s Independent Power Producers also increased by P0.4392 per kWh due to higher fuel costs and lower average plant dispatch. San Lorenzo Module 50 was on forced outage for 13 days in June supply month.
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