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Power retailer Manila Electric Co. said consumers can expect a significant reduction in rates amounting to 1.9623 per kilowatt hour in June despite announcing a supposed increase in rates last week.
As a result of the ERC order promulgated on June 13, Meralco customers will see a P1.9623 per kWh decrease in the electricity rates this June instead of the P0.6436 per kWh increase. It said the increases in transmission charge and feed-in tariff allowance are retained at P0.1450 per kWh and P0.0474 per kWh, respectively. “We ask for the understanding of our customers over the delayed bills as we implement the newly issued order of the ERC. Rest assured that Meralco will implement adjusted due dates to give our customers enough time to pay their bills,” Zaldarriaga said.
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