Meralco Bill Increases to P12.075 per kWh in June

Manila Electric Company (Meralco) will increase its electricity cost by 64.36 centavos per kilowatt-hour (kWh), bringing the overall household rate to P12.075 per kWh in June from P11.4139 per kWh in May.

Customers are expected to receive a Meralco bill increase in June. Meralco attributes the rate increase on a 34.66 per kWh increase in the generation price brought on by increasing Wholesale Electricity Spot Market (WESM) costs.

Many Filipinos will be burdened with the Meralco bill increase in June as monthly inflation also rises amidst the transition from dry to rainy season.

The electricity provider announced that although the generating rate increased to P0.48/kwh, payments will be spread out. The amount has been divided into three, and the remaining amount will be credited in the July-September billing.

Thus, households will be expecting the non-stop Meralco bill increase until September.

This month's generation charge increase could have been even higher, but Meralco took the initiative to mitigate the impact of the higher pass-through costs to our customers by delaying the collection of some of our suppliers' generation costs," stated Atty., senior vice president and head of the company's regulatory management office at Meralco. Ronaldo Jose Valles.

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