Consumers of Manila Electric Co. can expect higher electricity bills of P0.4274 per kilowatt hour this month due to higher generation charges arising from
the impact of the peso depreciation.
Meralco’s IPPs and PSAs supplied 24 percent and 47 percent, respectively, of its total energy requirement last month. Meralco said the P0.0724 per kWh increase in the transmission charge due to higher ancillary service charges from the WESM Reserve Market also contributed to the overall increase in the electricity rate this month.Meralco’s distribution charge, on the other hand, has not moved since the P0.0360 per kWh reduction for a typical residential customer in August 2022.
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