Meralco announced that after three consecutive months of reduction, the overall rates for its residential customers this August went down by PhP 0.26 per kWh.
This brings the total reduction to PhP 1.56 per kWh over the past four months.
This month’s reduction also marks the sixth time this year that rates have gone down. In the photo, Meralco Public Information Office Head Joe Zaldarriaga explains that the reduction in the overall rates was primarily due to a decrease in the generation charge.
