Meralco sets power rate hike this December

For the third consecutive month, the Manila Electric Company (Meralco) is set to implement another power rate hike this December due to higher generation charges.
Meralco has announced that power rates will increase by P0.33 per kilowatt-hour (kWh).
Customers who consume 200 kWh will have to pay additional P61 in their power bill while customers consuming 300 kWh will pay additional P91.
Customers will have to pay additional P122 and P152, respectively, for consuming 400 kWh and 500 kWh.
“Kapag nagkakaroon tayo ng mga sudden outages na nagreresulta sa yellow or red alerts, kapag tiningnan mo iyong historical data, talagang nagkakaroon ng pressure for prices to go up in the market (When we have sudden outages which result in yellow or red alerts and if you look at historical data, there really is a pressure for prices to go up in the market),” Meralco Spokesperson Joe Zaldarriaga said.
He added that they are continuing their efforts to restore the power supply in some areas affected by Typhoon Tisoy.
“We have sent a contingent to Bicol to assist ALECO in its postal restoration,” he said.—AAC (with reports from Joan Nano)