Meralco has announced that the rate for residential customers in May will go down by 41 centavos per kWh, reducing it to PhP8.444 per kWh.
This means that a typical household that consumes an average of 200 kWh, will see a reduce in their electricity bill of around PhP82.
Meralco Public Information Office Head Joe Zaldarriaga (in photo) said the reduction was due to the downward movement in generation, transmission, taxes, and other charges. This month’s overall rate is lower by PhP1.54 per kWh compared to May 2015’s PhP9.98 per kWh. It is also the lowest since January 2010, or over a period of six years.