- | $MER expects lower power rates as a result of the annual reconciliation of outages |
- | The company would release the final power rate figures this week |
- | Meralco’s power rates in December rose P0.3044 per kilowatt-hour |
| Lower rate |
Manila Electric Co., the biggest retailer of electricity, expects lower power rates this month as a result of the annual reconciliation of outage allowances of generators, an official said over the weekend.
Meralco assistant vice president Joe Zaldarriaga said the company would release the final power rate figures this week, adding initial indication points to the possibility of lower electricity charges.
January 6, 2020 8:54 am