THE Manila Electric Company (Meralco) has announced the increased in electricity bills this February, marking the second increase since the beginning of 2024.
“While we have yet to receive all the billings from our suppliers, initial indications show that there may be an upward pressure for electricity bills this month,” Meralco vice president and head of corporate communications Joe Zaldarriaga said.
He said this is caused by the resumption of the collection of the feed-in tariff allowance and will soon be reflected through the Energy Regulatory Commission.
Zaldarriaga added that the generation charge will increase because of higher fuel prices such as the imported liquefied natural gas used by gas-fired power plants.
Earlier in January, Meralco announced an increased adjustment of P0.0846 per kilowatt-hour, making the overall rate P11.3430 per kwh.
