Tight supply, weak peso hike Meralco rates in June

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MANILA, Philippines — Manila Electric Co. (Meralco) consumers must brace for higher power bills this month as the generation charge increased due to the tight supply in Luzon and the weakening of the peso.

In a media briefing on Thursday, Meralco vice president and head of corporate communications Joe Zaldarriaga said there will be an increase of P0.1488 per kilowatt hour (kWh) for the June rate.

This brings the overall rate for a typical household to P14.4833 per kWh this month from P14.3345 per kWh in May.

With this upward adjustment, households consuming 200 kWh will have to cough up an additional P30 to settle their power bills.