Meralco customers to pay higher electric bills this month

Customers of Manila Electric Company (Meralco) will pay higher electric bills this July.

Meralco cites the increase in generation charge as the reason.

Power rate this month will go up by 29 centavos per kilowatt-hour (kWh).

This will translate to an additional P 58 in the bill for households that consume an average of 200 kWh a month.

Meralco explains, the Wholesale Electricity Spot Market (WESM) is selling higher power rate this month, compared to last month.

June’s rate was relatively low at P 3.97 per kWh.

This month, the price of electricity per kWh at the spot market is P 4.49.