MANILA, Philippines – Meralco Vice President and head of corporate communications Joe Zaldarriaga said on a virtual briefing on Friday, that the electricity rate went up by P0.3143 per kilowatt-hour to P9.7773 per kWh, from last month’s P9.4630 per kWh.
The hike corresponds to the increase in generation charge for December which is P0.1997 per kWh, raising last month’s P5.3346 per kWh to P5.5343 per kWh. Customers of Manila Electric Co (Meralco) will see higher bulls for the month of December driven by higher generation charges.
“This month’s charge already includes the first of the four monthly installments covering the deferred costs from the November bill,” Meralco said.
The hike corresponds to the increase in generation charge for December which is P0.1997 per kWh, raising last month’s P5.3346 per kWh to P5.5343 per kWh. This is equivalent to an overall increase of around P63 in the total bill of a typical residential customer consuming 200 kWh, so for customers consuming 300 kWh, this is equivalent to a P94 increase; for 400 kWh, it is P126; and for 500 kWh, P157.
To pad the effect of the earlier month’s Malampaya facility maintenance, the Energy Regulatory Commission (ERC) had coordinated with Meralco to concede the assortment of parts of its providers’ age costs and to charge these on a stunning premise starting this month until Walk 2022.
Meralco head of Regulatory Management Office Jose Ronald Valles said notwithstanding the convenient intercession of the ERC and the participation of force providers in conceding some portion of their charges, power changes would have been a lot higher, particularly last month.
“We thank the ERC and our suppliers for easing the burden to consumers,” Valles said.
In the meantime, charges from Power Supply Arrangements expanded by P0.2142 per kWh, achieved by higher global coal costs and lower dispatch of certain public service announcements.
The charges from Independent Power Producers (IPPs) diminished by P0.1541 per kWh, with the resumption of gas supply from Malampaya and further developed dispatch of Sta. Rita and San Lorenzo plants.
“However, even with said resumption, the First Gas plants still used alternative fuel due to continuing supply restriction,” Meralco said.