Meralco Announces Power Rates to Go Down This May

Here's good news to everyone who are in charge of paying the electric bills! :) Press Release: Lower spot market charges and cheaper fuel prices lead to generation charge reduction The Manila Electric Company (Meralco) said that overall rates went down by PhP 0.70 per kilowatthour (kWh) this May. Said decrease is due to lower generation costs from all power suppliers of Meralco.