MERALCO ANNOUNCES FEBRUARY POWER RATE HIKE

Manila Electric Company (Meralco) announced that electricity rates will increase this February due to higher transmission and universal charges.

In a statement released Tuesday, Meralco said the overall rate adjustment amounts to ₱0.22 per kilowatt-hour (kWh) in the upcoming billing cycle.

This translates to an estimated increase of around ₱45 for households consuming 200 kWh per month.

Customers using 300 kWh may see their bills go up by about ₱67, while those consuming 400 kWh and 500 kWh are expected to pay an additional ₱89 and ₱111, respectively.

Meralco said the adjustment reflects changes in charges passed on to distribution utilities, which ultimately affect consumer electricity bills.

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