Here comes an unexpected “gift” that we can be truly thankful for: Meralco has recently announced that overall electricity rates are lower by 12 centavos per kilowatt hour (kWh).
In fact, Meralco—the Philippines’ leading power distributor—has announced lower electricity rates for residential customers for three straight months, starting August of this year. According to the power company, the rate reduction was caused by downward movements in transmission and generation charges, which significantly affected the amount reflected in our bill.
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