Higher fuel costs drive up Meralco power rates in October

MANILA, Philippines — Consumers should expect electricity rates to increase by P0.3191 per kilowatt-hour (kWh) this month due to higher generation costs, the Manila Electric Co. (Meralco) said on Tuesday. This means that residential customers consuming 200 kWh will have to pay an additional P64 in their power bills. The overall rate for a typical