Meralco announces lower electricity rates for July

(Eagle News) – This July, electricity rates will go down again because of lower charges from independent power producers, according to Manila Electric Co. (Meralco) said Monday, July 8.

This will be the third consecutive month of electricity rate cuts.

“The downward adjustment of P0.1068 per kWh will mean a decrease of around P21 in the total bill,” Meralco said.

“The third straight month of electricity rate decrease represents a total downward adjustment of around P0.57 per kWh since May 2019,” it said.

Meralco said that “overall electricity rates for a typical household consuming 200 kWh decreased to P9.9850 per kWh this July from P10.0918 per kWh” in June.