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July’s increase is not from Meralco raising its own distribution rate, but that could be next, with the ERC expected to decide by August or September whether to allow a higher charge
MANILA, Philippines – Meralco customers will pay more for electricity in July after higher fuel costs, the shutdown of the Malampaya gas facility, and tight power supply conditions pushed up the cost of generating electricity, even as regulators are set to decide by August or September on a separate rate reset that could raise Meralco’s distribution charge.
The overall residential rate will rise by P0.3428 per kilowatt-hour (kWh), from P14.4833 per kWh in June to P14.8261 per kWh in July.
The actual change in a customer’s bill will still depend on how much electricity the household used during the billing period. This means the rate adjustment alone would add approximately the following amounts at different household consumption levels:
