Meralco to hike rates by P1.08/kWh in Feb

Published by rudy Date posted on February 8, 2018

BY JORDEENE LAGARE, THE MANILA TIMES, Feb 8, 2018

AFTER two consecutive months of declines, electricity rates will go up by P1.08 per kilowatt hour (kWh) this February to account for higher generation charges, listed power distribution utility Manila Electric Co. (Meralco) said.

But Meralco stressed on Thursday the power rate hike “will not be implemented in full, in the interest of consumer welfare.”

The power firm is advising the public to wait for its official announcement on the final rate adjustment for February, and how the remainder of the increase will be implemented.

Meralco attributed the rate increase for this month to the normalization of power rates from suppliers from last December to January, the depreciation of the Philippine peso, and the imposition of the value-added tax (VAT) on the transmission charge due to the Tax Reform for Acceleration and Inclusion (Train) law.

Typical households that consume 200kWh will see an increase of P216 in the February bill. For those who consume 300kWh, they will see an increase of P323; for those who consume 400kWh, an increase of P431; and for those who consume 500kWh, an increase of P539.

Meralco said the generation charge for February increased by P0.85 per kWh.

In January, Meralco reduced its power rates by P0.5260 per kWh to P8.7227 per kWh.

20 February –
WORLD DAY OF SOCIAL JUSTICE

“Every day, give everyone their due.
Every day should be Social Justice Day!

The only way”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

 
February Observances

1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
   for Female Genital Mutilation
11 Feb: International Day of Women and Girls
   in Science
20 Feb: World Day of Social Justice

Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the 
Prevention of Child Sexual Abuse
   and Exploitation 
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day

 

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