Meralco recently announced that power rates decreased by Php 0.19 per kilowatthour (kWh) this month, equating to Php 39 in total bill savings for a typical household consuming 200 kWh per month. The second straight month of electricity rate decrease represents a total downward adjustment of around P0.47 per kWh since May 2019.
Meralco Public Information Office Head Joe Zaldarriaga (in photo) explained that the over-all rate decrease can be attributed to lower charges from the Wholesale Electricity Spot Market (WESM) despite continued tight supply conditions.