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Manila Electric Co. (Meralco) consumers will pay higher electricity bills this month after the distribution utility raised its overall residential rate, mainly due to increased generation costs brought about by higher fuel prices and higher taxes.
In a media briefing on Friday, Meralco vice president and head of corporate communications Joe Zaldarriaga said the overall rate for a typical household increased by P0.3428 per kilowatt-hour (kWh) to P14.8261 per kWh in July from P14.4833 per kWh in June.
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“We’d just like to emphasize that the generation cost is the main driver of the increase in the total overall electricity bills for the month of July. Our rates for the month increased by 34.2 centavos per kWh and because of this, we can see in our bill the additional costs,” Zaldarriaga said.FEATURED STORIES
