Meralco power rates down in October
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NewsTranscript
00:00Morocco will reduce electricity rates by 36 centavos per kilowatt hour this month
00:05due to lower generation charges from the wholesale electricity spot market or WESEM.
00:10Consumers can save 72 pesos for 200 kilowatt hour, 108 pesos for 300 kilowatt hour,
00:17143 pesos for 400 kilowatt hour, and 179 pesos for 500 kilowatt hour.
00:25The power utility giant explained reduction in power bill would have been greater if not for
00:31the around 1 billion pesos per month which will last for 12 months under the gas supply purchase
00:36agreement or GSPA. Customers are advised to only deal with authorized representatives to avoid scams.
00:54an additional cost from the Malampaya Consortium.