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June bills to rise as Meralco hikes generation rate




Posted on June 08, 2011


CONSUMERS will see their electric bills for June go up as Manila Electric Co. (Meralco) yesterday announced a P0.51 per kilowatt-hour (kWh) increase in its generation charge.

The utility said it would be levying a rate of P5.51/kWh for the month due to more expensive electricity from independent power producers, the spot market and National Power Corp. (Napocor).

It said the cost of power sourced from the Wholesale Electricity Spot Market, which accounted for 9% of its requirement, increased by P1.89/kWh. Supply from independent power producers (IPPs), which accounted for 46% of Meralco’s needs, was costlier by P0.162/kWh. No data was provided about Napocor, which provided 45% of the utility’s power.

The increase in the generation charge -- which comprises some 60% of the electricity bill -- means households that consume 100 kWh per month will see an increase of P51 for June.

Those consuming 200 kWh, who make up the utility’s biggest customer segment at a third of the total, will see an increase of P102, while those using 300 kWh will see their bills go up by P153.

Meralco said actual consumption could fall "since the rainy season has begun". -- E. N. J. David