MERALCO has announced that power bills will increase by 22 centavos per kilowatt-hour this month — the price adjustment was due to the hike in the generation charge and the updated feed-in-tariff allowance.
This means, a typical household consuming 200 KWH will have an increase of PHP 44 in their power bills.
Meralco noted the new overall power rate amounts to PHP 8.86 per KWH.
Meralco noted Luzon’s power demand from February to March went up by 500 megawatts.
The generation charge was pushed by higher charges from the wholesale electricity spot market, increasing it by 10 centavos per KWH to PHP 4.10 per KWH.
Meanwhile, Zaldariaga noted an increase in demand this time of the year, with more customers using air-conditioners and other cooling appliances.
Zaldariagga hinted that demand will like go higher still next month.