Meralco announces power rate decrease for February 2020

While we are all busy enjoying the cuddle weather we are experiencing here in Metro Manila - thanks to Amihan - Manila Electric Company (Meralco)  shares some great news to us consumers! For the second month in a row, they announced a decrease in power rates for February. 

Good news! Saw this interesting information on how low our power rates are!

The overall rate for a typical household consuming 200kWh decreased by Php0.59 to Php8.86 per kilowatt hour (kWh), its lowest level in two years, from last month’s Php9.45 per kWh. Such a household will see a decrease of around Php118 for their total electricity bill this month.

The reduction is mainly due to a lower generation charge after the implementation of new Power Supply Agreements (PSAs) starting last December 26.

The back-to-back rate decreases to start the year total to Php1.00 per kWh and goes against the usual trend of February rates increasing, as seen in the previous five years.

The generation charge for February decreased to Php4.51 per kWh thanks to Meralco’s prudent and strategic partnerships with power suppliers and the resulting new PSAs, such as San Miguel Energy Corporation, South Premiere Power Corporation, and AC Energy, who charge a lower generation cost. Charges from the Wholesale Electricity Spot Market (WESM) were also lower this month.

These lower prices from the new PSAs and the WESM - which accounted for 44% of the total supply - offset the cost of power from Meralco’s Independent Power Producers and old PSAs, which increased to Php5.29 per kWh.

With these new PSAs providing lower generation costs, the public can expect consistently low power bills with energy-efficient use of appliances and devices at home, allowing for a bigger budget for other household and family needs.

Energy efficiency tips for customers
As we approach the summer months, Meralco encourages its customers to continue practicing energy efficiency initiatives at home to help manage their electricity consumption, such as:

  • Such as unplugging appliances when not in use to avoid “phantom load”
  • Using the air-con at mid-setting or at 25 degrees Celsius
  • Using a power board or strip which can supply power to several appliances at once
  • Maximizing natural light during daytime
  • Keeping appliances well-maintained to ensure optimal performance.

It's always best to keep in mind some tipid-tips like this so that you won't regret paying so much electricity bill by the end of each period. Also, it's best that you also inform or share to your housemates these tipid tips so that everyone would be aware of how you can save. Not only, you are saving some money, with these tips, you are also lessening your carbon footprint, which is helpful to our planet.

Meralco announces Php1.00 per kilowatt hour rate decrease from January to February

For more advisory and tips, always check out my blog or you can also follow Meralco on Facebook, Twitter, Youtube and Instagram. You can also visit their official website, They also have a mobile app, which is available on App Store and Google Play.

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