Meralco power rates to go up in April | ABS-CBN
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Meralco power rates to go up in April
Meralco power rates to go up in April
Published Apr 11, 2025 11:19 AM PHT
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Updated Apr 11, 2025 12:50 PM PHT
An electric company lineman ducks under overhead electric meters along Recto Avenue in Manila on July 31, 2019. Jonathan Cellona, ABS-CBN News/File
An electric company lineman ducks under overhead electric meters along Recto Avenue in Manila on July 31, 2019. Jonathan Cellona, ABS-CBN News/FileMANILA (UPDATE) — Meralco electricity rates are going up in April.
MANILA (UPDATE) — Meralco electricity rates are going up in April.
The power distributor said rates were going up by P0.72/kwh due to higher generation and transmission charges.
The power distributor said rates were going up by P0.72/kwh due to higher generation and transmission charges.
These charges are bigger than the P0.20/kwh refund the power company is offering in April.
These charges are bigger than the P0.20/kwh refund the power company is offering in April.
This means electricity bills will rise by the following amounts:
This means electricity bills will rise by the following amounts:
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Consumption Increase
200 kwh P145
200 kwh P145
300 kwh P216
300 kwh P216
400 kwh P288
400 kwh P288
500 kwh P360
500 kwh P360
In a statement, Meralco said generation charges climbed because of higher costs from the wholesale electricity spot market (WESM). WESM charges went up by P3.4205/kWh because of tighter supply in the Luzon grid in March, the company said.
In a statement, Meralco said generation charges climbed because of higher costs from the wholesale electricity spot market (WESM). WESM charges went up by P3.4205/kWh because of tighter supply in the Luzon grid in March, the company said.
Charges from power supply agreements (PSAs) increased by P0.2811/kWh, Meralco noted.
Charges from power supply agreements (PSAs) increased by P0.2811/kWh, Meralco noted.
Meanwhile, the transmission charge for residential customers also went up to P0.0809/kWh because of higher ancillary service charges from the reserve market incurred by the National Grid Corporation of the Philippines (NGCP).
Meanwhile, the transmission charge for residential customers also went up to P0.0809/kWh because of higher ancillary service charges from the reserve market incurred by the National Grid Corporation of the Philippines (NGCP).
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