MANILA, Philippines — Manila Electric Co. (Meralco) customers will have to dig deep into their pockets this month as the power distributor is imposing an increase of P2 per kilowatt-hour (kWh), pushing the overall rate to P11.6012 per kWh.
For households with a monthly power consumption of 200 kWh, this will mean a hike of around P430 in their July bill.
In a briefing on Monday, Meralco head of corporate communications Joe Zaldarriaga said the hefty upward adjustment was due to “the normalization of power costs.”
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