{"id":18763,"date":"2024-05-15T03:06:54","date_gmt":"2024-05-15T03:06:54","guid":{"rendered":"https:\/\/energybuzz.ph\/staging\/6915\/meralco-rates-up-in-may\/"},"modified":"2024-05-15T03:06:54","modified_gmt":"2024-05-15T03:06:54","slug":"meralco-rates-up-in-may","status":"publish","type":"post","link":"https:\/\/energybuzz.ph\/staging\/6915\/meralco-rates-up-in-may\/","title":{"rendered":"Meralco rates up in May"},"content":{"rendered":"
\n

By Sheldeen Joy Talavera, <\/b>Reporter <\/i><\/p>\n

RESIDENTIAL CUSTOMERS in areas served by Manila Electric <\/span>Co. (Meralco) will see higher electricity bills this month due to the increase in generation charge.<\/p>\n

In a statement on Tuesday, Meralco said that the overall rate will climb by P0.4621 per kilowatt-hour (kWh) to P11.4139 per kWh in May from P10.9518 per kWh in April.<\/p>\n

Households consuming 200 kWh will see their monthly bills increase by around P92.<\/p>\n

Meanwhile, those consuming 300 kWh, 400 kWh, and 500 kWh will see their monthly electricity bills go up by P139, P185, and P231, respectively.<\/p>\n

\u201cDriving this month\u2019s overall rate increase was the generation charge which went up by P0.4455 per kWh primarily due to higher costs from the Wholesale Electricity Spot Market (WESM) and power supply agreements (PSAs),\u201d the power distributor said.<\/p>\n

Charges from the WESM rose by P1.7913 per kWh due to the \u201ctight supply condition in the Luzon grid during the April supply month as demand went up by 2,401 MW (megawatts).\u201d<\/p>\n

\u201cThere were three days with yellow alert and <\/span>f<\/span>ive days with yellow\/red alerts from normal conditions the previous supply month. In addition, the secondary price cap was triggered 19% of the time in April versus only 7% the previous month,\u201d the company said. <\/span><\/p>\n

Meralco Vice-President and Head of Corporate Communications Joe R. Zaldarriaga said at a briefing that the company had to resort to the spot market as the supply situation last month was \u201cchallenged.\u201d <\/span><\/p>\n

\u201cAs you know, the supply situation in April was challenged, not only on our side but the entire grid. So, if we did not resort to the spot market, we would have had a shortage in our energy supply,\u201d he said in mixed English and Filipino.<\/p>\n

According to the National Grid Corp. of the Philippines, the Luzon grid was placed under red alert for five days and yellow alert for 11 days in April. <\/span><\/p>\n

The Visayas grid was on red alert for f<\/span>ive days, and on yellow alert for 10 days. On the other hand, the Mindanao grid was on yellow alert for two days.<\/p>\n

Charges from PSAs went up by P0.2871 per kWh \u201cdue to lower excess energy deliveries of some PSAs, which were priced at discount.\u201d<\/p>\n

The increase was also attributed to the charges from an emergency PSA that covered Meralco\u2019s supply requirements while awaiting regulatory approval of PSAs that underwent competitive selection processes. <\/span><\/p>\n

Peso depreciation, which af<\/span>fected 14% of PSA costs that were dollar-denominated, also contributed to the increase, the company said.<\/p>\n

On the other hand, charges from independent power producers (IPPs) fell by P0.6942 per kWh due to higher average IPP dispatch and lower fuel prices.<\/p>\n

Meralco said that the IPP rate ref<\/span>lected the withholding of charges from First Gas in accordance with the Energy Regulatory Commission order.<\/p>\n

WESM, PSAs, and IPPs accounted for 30%, 36%, and 34% respectively of Meralco\u2019s total energy requirement for May.<\/p>\n

The transmission charge, taxes, and other charges increased by P0.0166 per kWh in May.<\/p>\n

\u201cPass-through charges for generation and transmission are paid by Meralco to the power suppliers and the grid operator, respectively, while taxes, universal charges, and the Feed-in Tariff Allowance (FIT-All) are all remitted to the government,\u201d the company said. <\/span><\/p>\n

Distribution charge has been unchanged at P0.0360 per kWh since August 2022.<\/p>\n

Meanwhile, Meralco said that incidents of power interruptions due to kite-f<\/span>lying increased to 40 between January and March compared with last year\u2019s 26.<\/p>\n

\u201cWe are appealing to our customers to refrain from f<\/span>lying kites and picking fruits near power lines since these can cause power interruptions and accidents,\u201d Mr. Zaldarriaga said.<\/p>\n

Meralco\u2019s controlling stakeholder, Beacon Electric Asset Holdings, Inc., is partly owned by PLDT Inc.<\/p>\n

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has an interest in BusinessWorld<\/i> through the Philippine Star Group, which it controls.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see higher electricity bills this month due to the increase in generation charge.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[14644,170,5845,8579],"class_list":["post-18763","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bworldonline","tag-may","tag-meralco","tag-rates"],"yoast_head":"\nMeralco rates up in May - Energy Buzz<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meralco rates up in May - Energy Buzz\" \/>\n<meta property=\"og:description\" content=\"RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see higher electricity bills this month due to the increase in generation charge.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/\" \/>\n<meta property=\"og:site_name\" content=\"Energy Buzz\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-15T03:06:54+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/meralco-rates-up-in-may\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/meralco-rates-up-in-may\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#\\\/schema\\\/person\\\/344f8dbaaecf75e51367eef93f492892\"},\"headline\":\"Meralco rates up in May\",\"datePublished\":\"2024-05-15T03:06:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/meralco-rates-up-in-may\\\/\"},\"wordCount\":633,\"publisher\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#organization\"},\"keywords\":[\"bworldonline\",\"may\",\"meralco,\",\"rates\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/meralco-rates-up-in-may\\\/\",\"url\":\"https:\\\/\\\/energybuzz.ph\\\/meralco-rates-up-in-may\\\/\",\"name\":\"Meralco rates up in May - Energy Buzz\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#website\"},\"datePublished\":\"2024-05-15T03:06:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/meralco-rates-up-in-may\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/energybuzz.ph\\\/meralco-rates-up-in-may\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/meralco-rates-up-in-may\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/energybuzz.ph\\\/staging\\\/6915\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Meralco rates up in May\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#website\",\"url\":\"https:\\\/\\\/energybuzz.ph\\\/\",\"name\":\"Energy Buzz\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/energybuzz.ph\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#organization\",\"name\":\"Energy Buzz\",\"url\":\"https:\\\/\\\/energybuzz.ph\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/energybuzz.ph\\\/staging\\\/6915\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/EnergyBuzzLogo.png\",\"contentUrl\":\"https:\\\/\\\/energybuzz.ph\\\/staging\\\/6915\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/EnergyBuzzLogo.png\",\"width\":1315,\"height\":656,\"caption\":\"Energy Buzz\"},\"image\":{\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/energybuzz.ph\\\/#\\\/schema\\\/person\\\/344f8dbaaecf75e51367eef93f492892\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\\\/\\\/energybuzz.ph\\\/staging\\\/6915\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Meralco rates up in May - Energy Buzz","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/","og_locale":"en_US","og_type":"article","og_title":"Meralco rates up in May - Energy Buzz","og_description":"RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see higher electricity bills this month due to the increase in generation charge.","og_url":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/","og_site_name":"Energy Buzz","article_published_time":"2024-05-15T03:06:54+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/#article","isPartOf":{"@id":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/"},"author":{"name":"admin","@id":"https:\/\/energybuzz.ph\/#\/schema\/person\/344f8dbaaecf75e51367eef93f492892"},"headline":"Meralco rates up in May","datePublished":"2024-05-15T03:06:54+00:00","mainEntityOfPage":{"@id":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/"},"wordCount":633,"publisher":{"@id":"https:\/\/energybuzz.ph\/#organization"},"keywords":["bworldonline","may","meralco,","rates"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/","url":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/","name":"Meralco rates up in May - Energy Buzz","isPartOf":{"@id":"https:\/\/energybuzz.ph\/#website"},"datePublished":"2024-05-15T03:06:54+00:00","breadcrumb":{"@id":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/energybuzz.ph\/meralco-rates-up-in-may\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/energybuzz.ph\/staging\/6915\/"},{"@type":"ListItem","position":2,"name":"Meralco rates up in May"}]},{"@type":"WebSite","@id":"https:\/\/energybuzz.ph\/#website","url":"https:\/\/energybuzz.ph\/","name":"Energy Buzz","description":"","publisher":{"@id":"https:\/\/energybuzz.ph\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/energybuzz.ph\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/energybuzz.ph\/#organization","name":"Energy Buzz","url":"https:\/\/energybuzz.ph\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/energybuzz.ph\/#\/schema\/logo\/image\/","url":"https:\/\/energybuzz.ph\/staging\/6915\/wp-content\/uploads\/2023\/09\/EnergyBuzzLogo.png","contentUrl":"https:\/\/energybuzz.ph\/staging\/6915\/wp-content\/uploads\/2023\/09\/EnergyBuzzLogo.png","width":1315,"height":656,"caption":"Energy Buzz"},"image":{"@id":"https:\/\/energybuzz.ph\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/energybuzz.ph\/#\/schema\/person\/344f8dbaaecf75e51367eef93f492892","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/136dede3a147ecd1a9946f78a827dcc4c82e31eece4650a789bbb3656cebe664?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/energybuzz.ph\/staging\/6915\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/posts\/18763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/comments?post=18763"}],"version-history":[{"count":0,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/posts\/18763\/revisions"}],"wp:attachment":[{"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/media?parent=18763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/categories?post=18763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/energybuzz.ph\/staging\/6915\/wp-json\/wp\/v2\/tags?post=18763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}