Meralco rates decline in September; Luzon grid suffers 1-hour power outage

Manila Electric Co. said Tuesday consumers will see lower power rates this month on lower transmission charges.

Meralco said in a statement the residential rate for a typical household would go down by P0.0451 to 8.46 per kilowatt-hour in September.  This would translate into a reduction of P9 in the electricity bill of a household with monthly consumption of 200 kWh.

Meralco said the reduction was due to the downward movement in transmission charges, which more than offset higher generation charges.

Luzon customers experienced rotating blackout Tuesday afternoon because of a transmission line problem experienced by National  Grid Corp. of the Philippines.

Read more here.

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