Manila Electric Company, a prominent power distributor, has revealed that for the second consecutive month, customers can anticipate a reduction in their electric bills. Joe Zaldarriaga, the spokesperson for Meralco, shared that following the decline in July 2023, an additional reduction of P0.2908 per kWh in electricity rates is set to take effect this August.
This adjustment results in a lowered overall rate of P10.8991 per kWh for an average household, compared to the previous rate of P11.1899 per kWh. Zaldarriaga went on to explain that residential customers who consume around 200 kWh can expect their electricity bill to decrease by approximately P58.
With this latest modification, the cumulative reduction over the past two months now totals P1.0121 per kWh. (AI/MNM)
