Benise Balaoing

Workers inspect an electric meter installed above ground in Manila on January 11, 2024. Mark Demayo, ABS-CBN News

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Electric Meter Reading

ABS-CBN News

MANILA (UPDATE) — Meralco electricity rates are going down in June. The power distributor said power costs were going down by P0.11/kwh this month as electricity prices fell in the spot market.This means electricity bills may go down by the following amounts:Consumption     Cost 200 kwh              P22300 kwh              P32400 kwh              P43500 kwh              P54In a statement, Meralco noted the generation charge fell by P0.1099/kWh to P7.3552/kWh, because of lower charges from power supply agreements, independent power producers, and the wholesale electricity spot market (WESM).Charges from power supply agreements fell by P0.3699/kWh, from independent power producers by P0.1034/kWh, and from the WESM by P0.6342/kWh.Meralco said these price drops more than offset the increase in transmission charges, which went up by P0.0214/kWh because of higher ancillary service charges from the National Grid Corporation of the Philippines’ (NGCP) ancillary service procurement agreements and the reserve market.Other charges, including taxes, registered a net decrease of P0.0191 per kWh.

Meralco power rates down in June

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Meralco power rates down in June

Benise Balaoing,

ABS-CBN News

Published June 11, 2025 11:19 AM PHT

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Updated June 11, 2025 02:32 PM PHT

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