Meralco says another electricity hike possible in June | ABS-CBN
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Meralco says another electricity hike possible in June
Meralco says another electricity hike possible in June
Zuzette Castro demonstrates her skills as a member of the MERALCO women's linecrew at their training yard in Angono Rizal on March 1, 2024. Jonathan Cellona, ABS-CBN News
Zuzette Castro demonstrates her skills as a member of the MERALCO women's linecrew at their training yard in Angono Rizal on March 1, 2024. Jonathan Cellona, ABS-CBN NewsMANILA -- Electricity costs may go up again in June, according to Meralco.
MANILA -- Electricity costs may go up again in June, according to Meralco.
Meralco spokesman Joe Zaldarriaga said the more than P0.10/kwh increase due to ancillary services will kick in this month.
Meralco spokesman Joe Zaldarriaga said the more than P0.10/kwh increase due to ancillary services will kick in this month.
On top of this, an feed-in tariff of around P0.05/kwh will also be charged from customers.
On top of this, an feed-in tariff of around P0.05/kwh will also be charged from customers.
And because the power grids were placed on red and yellow alert many times in the last 2 weeks of May, June rates may also go up because prices rise in the spot market, where Meralco gets a portion of its supply.
And because the power grids were placed on red and yellow alert many times in the last 2 weeks of May, June rates may also go up because prices rise in the spot market, where Meralco gets a portion of its supply.
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Electricity rates also rose in May because prices rose in the wholesale electricity spot market.
Electricity rates also rose in May because prices rose in the wholesale electricity spot market.
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