Meralco Rates Increase in October, Burdening Households
Economy

Meralco Rates Increase in October, Burdening Households

Manila Electric Co. (Meralco) announced an increase in electricity rates for October, citing higher generation costs. This rise will add further financial pressure on households in Metro Manila.

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  • Meralco Announces October Electricity Rate Hike

    Manila Electric Co. (Meralco) announced a 31.91 centavo per kWh electricity rate hike for October, primarily due to higher generation charges. This will result in an estimated P62 increase for households consuming 200 kWh.

  • Philippines: Gasoline, Kerosene Prices Rise; Diesel Rolls Back

    Starting Tuesday, the Philippines will see a price hike of P1.56 per liter for gasoline and P1.77 per liter for kerosene, while diesel will be rolled back by P3.01 per liter. The Department of Energy (DOE) announced these mixed adjustments, which are expected to impact household budgets and transportation costs.

  • Diesel price cut seen; gas, kerosene up

    The Philippines is set to see a significant diesel price rollback for the third consecutive week, while gasoline and kerosene prices are expected to rise. This adjustment is influenced by G7 oil supply releases and a US-Russia fuel agreement. The country maintains adequate fuel reserves.

  • Diesel Prices to Drop P3.01/Liter; Gasoline, Kerosene to Rise — DoE

    Philippines fuel prices will see a P3.01 per liter rollback for diesel starting October 13, while gasoline and kerosene will increase by P1.56 and P1.77 per liter respectively. This adjustment reflects easing global supply concerns, though the nation's heavy reliance on imported fuel remains a key factor.