Tuesday, October 10, 2017

Meralco rates up by P0.0345/kwh in Oct.



Published By Myrna M. Velasco

Despite the recurring ‘yellow alert’ incidents in Luzon grid last month, the resulting rate billed by Manila Electric Company (Meralco) to its customers this October had just been slightly up by P0.0345 per kWh this October.
The utility firm in a statement to the media has noted that the overall rate billed to its subscribers this month had climbed to P9.2836 per kwh from P9.2491 per kwh from the last billing cycle.
It indicated that “the slight increase this month amounts to a P6.91 increase in total bill of a typical residential household consuming 200 kilowatt hours.”
Meralco further explained that “the slight increase is mainly due to the P0.1777 per kwh increase in generation charge,” but was partly offset by the cost downtrend in other charges.
It emphasized that transmission charge for residential customers had been down by P0.0593 per kWh; while taxes and other charges also declined by P0.0839 per kWh” on this billing month.
‘These lower charges were partly due to the effect of last month’s reconciliation of the Energy Regulatory Commission-approved refundable amount,” it said.
For the generation charge component in the bill, in particular, this was increased to P4.7155 per kwh this month vis-à-vis the September level billed rate of P4.5378 per kwh.
Following the completion of its mandated refund last month, Meralco opted to file a manifestation with the ERC on “necessary processes of reconciliation,” and this resulted in adjustments of some charges.

No comments:

Post a Comment