Meralco power rate up in March due to transmission, ancillary charges hike

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ELECTRICITY rates of the Manila Electric Company (Meralco) will slightly go up this month by P0.0229 per kilowatt hour (kWh), bringing overall rate for a typical household to P11.9397 per kWh this month from P11.9168 per kWh in February.

Manila Electric Company linemen perform regular maintenance check of overhead electric power meters along T. M. Kalaw Street in Manila in this file photo.

Charges from Power Supply Agreements went down by P0.3045 per kWh mainly due to lower energy payments for the South Premier Power Corp. emergency PSAs and the resumption of operations of the San Buenaventura Power Ltd. Co. power plant after undergoing scheduled maintenance. PSAs, IPPs, and WESM accounted for 51 percent, 27 percent and 22 percent, respectively, of Meralco’s total energy requirement for this period.

 

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