Meralco consumers enjoy lower power rates for this May

I recently attended a press conference by Meralco at Kamuning Bakery and they shared some tips & Meralco Advisory!Here are 7 Meralco Advisory for the month of May

*Earlier this month, Meralco announced that the rate for its residential customers in May would go down by 41-centavos per KWH, thereby bringing it down to Php 8.44 per KWh.

*For a typical household consuming 200 KWh, this translates to a reduction of around Php 82.00 in their electricity bill.

*This month’s overall rate is lower by Php 1.54 per KWh compared to May 2015’s Php 9.98 per KWh. It is also the lowest since January 2010, or over a period of six years.

*The decrease in the overall rates was primarily due to the generation charge, which decreased by PhP0.21 per KWh from last month. May’s generation charge is the lowest since October 2004.

*Transmission charge likewise registered a decrease of PhP0.10 per KWh due to the reduction in NGCP’s ancillary charges and slight decrease i Power Delivery Service (PDS) charge.

*Taxes and Other Charges also decreased by PHP0.10 per KWh following the reduction in generation and transmission charges.

*Meralco”s distribution, supply, and metering charges, meanwhile, have remained unchanged for 10 months, after they registered a reduction in July 2015.

Meralco does not earn from the pass-through charges, such as the generation and transmission charges.Payment for the generation charge goes to the power suppliers, while payment for the transmission charge goes to the National Grid Corporation of the Philippines (NGCP) 

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