Inquirer
Meralco sees mixed signals on rate for June billing
Meralco announced that electricity rates for June are still undetermined due to conflicting factors affecting the overall charges.
The power distributor is awaiting final billings from its suppliers to accurately compute the June electricity rates.
An increase in transmission charges is anticipated due to potential price hikes in the reserve market, which ensures grid stability.
Meralco hopes that the generation charge will remain stable or slightly increase, aiming to offset any rise with potential decreases from the Wholesale Electricity Spot Market (WESM).
In May, the average WESM price decreased by 11.2% to P4.01 per kWh, attributed to an increased supply margin.
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