Electricity rates lowest in 6 years

Meralco announced that the residential rate for a typical 200 kWh household went down this June by around PhP0.13 per kilowatthour (kWh), thereby bringing it down to PhP8.32 per kWh, the lowest since January 2010. The reduction was due to the downward movement in the generation charge, which more than offset a higher transmission charge.  Read more here.


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