Power Rates

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Tuesday, 24 June 2025
2 Jun 2025
7:37AM

INSIDER VIEW | The magic of rate setting: Why power rates are high

The "magic" behind the purported "scientific" CAPM, the Building Blocks Approach (BBA), and the Performance-Based Rate (PBR) setting methodology are financial and accounting instruments that tend to confuse and obfuscate the public but ultimately lead to higher power rates.
13 May 2025
12:19PM

Meralco cuts power rate by P0.75/kWh for May

Manila Electric Company (Meralco) has slashed its electricity rate for May by P0.7499 per kilowatt-hour (kWh), lowering the overall monthly bill for a typical household to P12.2628/kWh, from P13.0127/kWh in April.
11 Feb 2025
3:07PM

Higher generation charge fuels 28.34¢ hike in Meralco rate for February

The increase brings the overall rate for a typical household to P12.0262 per kWh from P11.7428 per kWh in January.
13 Jan 2025
11:35AM

Meralco cuts electricity rate by 21.89¢ per kWh for January

This adjustment lowers the overall rate for a typical household to P11.74 per kWh, compared to more than P11.96 per kWh in December 2024, and a P44 reduction in the January billing for households consuming 200 kWh.
12 Nov 2024
1:26PM

Weak peso, higher demand pushes up generation cost for Meralco customers in November

Households consuming 200 kWh will see an approximately P85 increase in their monthly bills, the country’s largest electricity retailer said on Tuesday, Nov. 12.
14 Oct 2024
11:08AM

INSIDER VIEW: Complete open access to unlock real competitive power rates

Large consumers classified as contestable customers get better power rates than household consumers and SMEs regulated by the ERC, which means regulation increases power rates.
11 Sep 2024
12:18PM

Transmission charges to push up Meralco bills in Sept, natgas costs to hit consumers in Oct

Manila Electric Co. on Wednesday told consumers in its franchise area to expect more expensive electricity for September, due to higher transmission charges of the country’s power grid operator.
12 Aug 2024
11:29AM

Meralco: expect uptick in August electricity rates on higher transmission charges

The Manila Electric Company told its customers on Monday to expect a slight increase in electricity rates for August, due to an increase in transmission charges that offset the decline in power generation costs.
15 Jul 2024
12:06PM

Brace for higher Meralco bill in July after ERC-mandated artificially low rates normalize

Residential customers who typically consume 200 kilowatt hours a month in the franchise area of the Manila Electric Co. (Meralco) can expect their electricity bills to rise by around P430 in July.
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