As Filipinos brace for the summer heat, the Energy Regulatory Commission (ERC) announced that Manila Electric Co. (Meralco) would be implementing an increase in its generation charge in the next three months to cover P1.1 billion in generation costs arising from the Malampaya field shutdown in February. The total adjustment should be P0.92 per kilowatthour but Meralco opted for its staggered implementation . In the March billing, a P0.62 per kWh increase ((P0.52 in generation charge plus taxes and systems loss) will be reflected.

https://business.inquirer.net/389992/meralco-sees-hike-in-generation-charge-by-p0-62-per-kwh-in-march

#inquirer