Power rates drop for January 2025—Meralco

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Power rates drop for January 2025—Meralco
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Consumers of Manila Electric Co. (Meralco) will experience lower rates this month by P0.2189 per kilowatt hour (kWh) due to lower generation charges,

Consumers of Manila Electric Co. will experience lower rates this month by P0.2189 per kilowatt hour due to lower generation charges, which translates to a decrease of around P44 in the total electricity bill of customers with an average consumption of 200 kWh.

IPP charges meanwhile went down because of the appreciation of the peso, affecting 97 percent of IPP costs that were dollar denominated; as well as lower cost of fuel and higher dispatch of the First Gas-Sta. Rita plant. 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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