Manila Electric Company announces a P0.12-per-kilowatt hour reduction in power rates this month. The downward adjustment equates to P24 in total savings for a typical household consuming 200 kWh. Meralco vice president and head of corporate communications Joe Zaldarriaga says the overall rate reduction is primarily due to the implementation of a refund of distribution-related charges starting this month. This offsets the increase in generation charge for May.
Speaker Ferdinand Martin G. Romualdez answers questions from members of the Manila Overseas Press Club during the Q&A portion of...Read more