RESIDENTIAL customers in areas served by Manila Electric Co. (Meralco) will see higher power bills this month due to the increase in the generation charge.
Meralco vice president and head of corporate communications Joe Zaldarriaga said that estimates “point to [a] higher generation charge this month.”
“This is mainly due to higher [Wholesale Electricity Spot Market] prices brought about by the tight supply condition, as power demand surged along with higher heat indices,” Zaldarriaga said.
According to Meralco, peak demand in Luzon rose by about 2,400 megawatts compared with the March supply.
Since April 16, the National Grid Corp. of the Philippines has been hoisting a red or yellow alert in many parts of the country, mostly in Luzon and the Visayas, as demand rose while supply dipped because of the unavailability of many power facilities.
