<\/p>\n
HOUSEHOLDS can expect lower power rates this month.<\/strong><\/p>\n <\/p>\n <\/p>\n This after the Manila Electric Co.(Meralco) announced a rate reduction in May.<\/strong><\/p>\n <\/p>\n <\/p>\n Meralco on Tuesday said <\/strong>electricity rates in its franchise areas declined by P0.7499 per kilowatt hour (kWh) this month.<\/strong><\/p>\n <\/p>\n <\/p>\n The electric company said the reduction brings the overall rate for a typical household to P12.2628 from P13.0127 per kWh in April.<\/strong><\/p>\n <\/p>\n <\/p>\n “For residential customers consuming 200 kWh, they will see a decrease of around P150 in their total electricity bill this month. The rate reduction is due to lower generation and transmission charges,\u201d Meralco vice president and Corporate Communications head Joe Zaldarriaga said.<\/strong><\/p>\n <\/p>\n <\/p>\n Meralco said the lower rates for this month were due to the decline in generation charges, transmission charges, and other charges.<\/strong><\/p>\n <\/p>\n <\/p>\n The generation charge went down by P0.3144 per kWh to P7.4651 per kWh, primarily due to lower charges from the Wholesale Electricity Spot Market (WESM) and Independent Power Producers (IPPs).<\/strong><\/p>\n <\/p>\n <\/p>\n According to Meralco, WESM charges fell by P1.1424 per kWh as a result of the improved supply situation in the Luzon Grid, while IPP charges also went down by P0.9555 per kWh due to higher average IPP dispatch and the peso appreciation.<\/strong><\/p>\n <\/p>\n <\/p>\n The transmission charge for residential customers was also reduced by P0.2970 per kWh.<\/strong><\/p>\n <\/p>\n <\/p>\n “Ancillary Service charges from the Reserve Market and the National Grid Corp. of the Philippines\u2019 (NGCP) Ancillary Service Procurement Agreements (ASPAs) both registered reductions in the April supply month,” Meralco said.<\/strong><\/p>\n <\/p>\n <\/p>\n “In addition, the transmission charge this May no longer includes Energy Regulatory Commission (ERC)-approved adjustments related to NGCP’s Reserve Market transactions for February and March 2024, following the completion of collection last month,” it added.<\/strong><\/p>\n <\/p>\n <\/p>\n Other charges, including taxes, similarly registered a net decrease of P0.1385 per kWh.<\/strong><\/p>\n <\/p>\n <\/p>\n Meanwhile, Meralco said that as the dry season persists, customers are advised to continue practicing energy efficiency to better manage their consumption. <\/strong><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" HOUSEHOLDS can expect lower power rates this month. This after the Manila Electric Co.(Meralco) announced a rate reduction in May. Meralco on Tuesday said electricity<\/p>\n","protected":false},"author":1,"featured_media":13762,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,17],"tags":[],"_links":{"self":[{"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/13761"}],"collection":[{"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=13761"}],"version-history":[{"count":1,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/13761\/revisions"}],"predecessor-version":[{"id":13763,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/13761\/revisions\/13763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/13762"}],"wp:attachment":[{"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=13761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=13761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=13761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}