Meralco Hikes July Power Rates Amid Elevated Fuel Costs
Manila Electric Co. (Meralco) announced a P0.3428 per kilowatt-hour increase in electricity rates for July, attributing the hike to elevated fuel costs driven by Middle East tensions. This adjustment will add approximately P69 to the monthly bills of typical residential consumers.
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- Meralco Hikes Electricity Rates by P0.34/kWh for July
Manila Electric Company (Meralco) announced a P0.3428 per kilowatt-hour (kWh) electricity rate hike for July. The increase is primarily driven by higher generation charges due to rising fuel prices and the impact of Middle East conflicts on global energy markets. This adjustment is expected to add approximately P69 to the monthly bill of a typical household consuming 200 kWh.