Friday, 28 June 2024
8 Apr 2024
4:09PM
Meralco: Lower April Electricity Rates To Snap Three-Month Uptrend
Manila Electric Company (Meralco) on Monday announced a decrease in April's electricity rates by P0.9879 per kWh, marking a significant relief for consumers with the new rate at P10.9518 per kWh compared to March's P11.9397.
5 Apr 2024
10:30AM
INSIDER VIEW: How to truly bring down power rates
A key culprit in the power rate issue is how the Energy Regulatory Commission (ERC) uses the Capital Asset Pricing Model (CAPM) in determining the Cost of Equity of the industry players. The CAPM theorizes that investors will want a return that yields, at least, the government bond rate, adjusted for the risk it takes in the venture.
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