Meralco announces P0.23/kWH rate hike for October

CUSTOMERS of the Manila Electric Co. (Meralco) will see higher electricity bills this month following a P0.23 per kilowatt-hour (kWh) rate increase.

The adjustment brings the overall rate to P13.3182/kWh, up from P13.0851 per kWh in September.

For a typical household consuming 200 kWh, this means an additional P47 in the monthly electricity bill.

Meralco stated that the increase was primarily due to a higher generation charge, which rose by P0.1903 per kWh due to increased costs from power suppliers.