Daily Tribune

BUSINESS

Lower power rates for Meralco customers

DT · Apr 9, 2024, 12:52 PM

Meralco Vice President for Corporate Communications Joe R. Zaldarriaga explains to the media the reason behind the significant rate reduction this month.

The almost P1 per kilowatt-hour (kWh) decrease was due to lower generation and transmission charges. This month’s reduction effectively wiped out previous increases this year.