Meralco cuts December power rates by 36 centavos

MANILA, Philippines — Manila Electric Co. (Meralco) is bringing down its rates by P0.3557 per kilowatt-hour (kWh) in December due to lower generation and transmission charges. In a press briefing on Tuesday, the power distributor said the adjustment brings the overall electricity rate for a typical household to P13.1145 per kWh this month, down from