MANILA, Philippines —Manila Electric Co. (Meralco) customers will have to tighten their belts as their power bills rise this month due to higher power generation costs. On Tuesday, Meralco said electricity rates this October would increase by P0.3191 per kilowatt-hour (kWh) to P15.0615 per kWh from P14.7424 per kWh in Sept. READ: ERC orders Meralco to refund P2.64B to consumers This means that residential customers consuming 200 kWh will have to pay an additional P64 to settle their power bills. Consequently, Meralco attributed the upward adjustment to more expensive generation charges triggered by elevated fuel costs, which rose by P0.4973 per […]...

Keep on reading: Meralco rates rise in October amid higher generation costs