Meralco announces electric bill hike for December


Posted at Dec 09 2022 10:29 AM | Updated as of Dec 09 2022 12:20 PM

MANILA - Meralco on Friday said electric bills would increase in December after the refunds mandated by the energy regulator have been exhausted. 

Electric bills will increase by P0.33 per kwh for the month, the utility distributor said. 

For example, a household consuming 200 kwh will see an increase of P66 in their bill.

Other sample computations:

• 200kwh = P66
• 300kwh = P99
• 400kwh = P132
• 500kwh = P165

"We had ad upward adjustment P0.33 per kWh rounded off for December. This is the 1st of the 4 distribution rate reductions which the ERC ordered us to implement kaya hindi nahabol ng pagbaba (it cannot cover the reduction)," Meralco Spokesperson Joe Zaldarriaga said in a briefing. 

The Energy Regulatory Commission earlier ordered Meralco to refund funds to its customers.

Meralco said there are still 3 ongoing refunds with a total of P1.3340 per kwh that continue to temper the costs of electric bills. These are expected to be fully refunded by December 2022, January 2023 and May 2023 which "impact will subsequently be felt in the
succeeding billing periods."

An upward adjustment is also seen by January 2023 due to the completion of another round of refunds as well as the suspension of San Miguel Corp's South Premiere Power Corp supply to Meralco, Zaldarriaga said. 


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