Residential customers consuming 200 kWh a month can expect a decline of around P144 in their total bill, according to Meralco.This month’s rate decline ends a two-month streak of rate hikes due to high demand in the dry season and the expiration of a series of distribution-based refunds.
Generation charge, or the cost of power purchased from suppliers that accounts for more than 50 percent of a customer’s total monthly bill, dropped by P0.6436 per kWh, bringing the total charge to P6.6066 per kWh this month from P7.2502 per kWh in June.
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