meralco customers have
| |

Meralco customers to have lower electricity rates in August 2026

MANILA, Philippines – Meralco customers will see slightly lower electricity rates in August, as a multibillion-peso refund ordered by regulators offsets increases in several pass-through charges.

The Manila Electric Company (Meralco) said on Monday, August 10, that the overall rate for a typical household will decrease by P0.0428 per kilowatt-hour (kWh) to P14.7833 from P14.8261 per kWh in July.

“For residential customers of Meralco who are consuming 200 kWh, this adjustment translates to a reduction of around P9 in the total electricity bill,” Meralco vice president and head of corporate communications Joe Zaldarriaga said.

The decrease comes largely from a P9.5-billion refund approved by the Energy Regulatory Commission (ERC), equivalent to P0.5861 per kWh for residential customers and to be implemented over six months.

The refund covers the difference between Meralco’s Actual Weighted Average Tariff (AWAT) and its approved distribution tariff from January to December 2025. It will appear as “AWAT Refund/(Collect) 2” under the distribution portion of customers’ bills. This is separate from an existing AWAT refund worth P0.4278 per kWh.

However, the reduction was tempered by higher pass-through costs, or charges Meralco collects before remitting them to power suppliers, the grid operator, and the government.

Charges related to the National Grid Corporation of the Philippines increased by P0.3024 per kWh due to higher ancillary service costs, while taxes and other charges rose by a net P0.2113 per kWh. The latter includes a P0.1348-per-kWh increase in the Feed-In Tariff Allowance and around P0.04 per kWh in additional taxes related to greater use of liquefied natural gas and liquid condensate during the Malampaya gas facility’s shutdown. Generation charges also edged up P0.0296 per kWh.

At the same time, the ERC authorized Meralco to collect P8.7 billion in previously underrecovered pass-through costs from 2011 to 2022. The adjustment averages around P0.0803 per kWh and is expected to be collected over 36 months. The additional collections for generation, transmission, and system loss will be reflected under their respective bill components.

The inclusion of system loss comes as the government separately moves to stop utilities from passing these costs on to consumers. President Ferdinand Marcos Jr. called for their removal in his latest State of the Nation Address, arguing consumers should not pay for electricity lost through the network or stolen through illegal connections. (WATCH: How much could you save if system loss charges are removed from your Meralco bill?)

The Department of Energy and Congress are now working on regulatory and legislative changes, although officials have said eliminating technical losses will require utilities to upgrade infrastructure.

Meralco said its actual distribution charge for a typical residential customer has remained unchanged since August 2022. – Rappler.com

Must Read

[READOUT] The race to deliver cheaper power


[READOUT] The race to deliver cheaper power

Similar Posts

  • Thailand Bets Heavily on Natural Gas For Its Economic Growth

    BANGKOK – As Southeast Asia rapidly emerges as a major global energy hub, Thailand’s state-backed conglomerate PTT Plc is aggressively expanding its liquefied natural gas (LNG) trading operations. Facing an expensive global shift toward green energy, Thai leaders are heavily utilizing natural gas to secure domestic economic growth and power stability. The nation aims to […]

  • |

    Government raises petrol price by Rs4.45, cuts diesel by Rs2

    The federal government has announced a fresh revision in petroleum prices, increasing the cost of petrol while providing a slight reduction in the price of high-speed diesel. According to a notification issued by the Petroleum Division, the revised fuel prices came into effect on August 6 as part of the government’s regular fortnightly price adjustment mechanism, which is based on fluctuations in international oil markets and the exchange rate. Under the latest revision, the price of petrol has been increased by Rs4.45 per litre, taking the new retail price to Rs333.10 per litre. In contrast, the price of high-speed diesel (HSD) has been reduced by Rs2.00 per litre, bringing its new retail price down to Rs383.86 per litre. The increase in petrol prices is expected to affect millions of private vehicle owners, motorcycle riders and commuters across the country, as petrol is the primary fuel used in passenger transport. Meanwhile, the modest reduction in diesel prices may provide limited relief to the transport and agriculture sectors, where diesel is widely used for heavy vehicles, machinery and irrigation equipment. Petroleum prices in Pakistan are reviewed every two weeks, with adjustments reflecting movements in global crude oil prices, refined petroleum product premiums, freight costs and the rupee-dollar exchange rate. The government says the pricing mechanism is intended to align domestic fuel rates with international market trends while meeting fiscal commitments. The latest adjustment comes at a time when international oil markets remain volatile amid geopolitical developments and shifting global supply expectations. Analysts believe future fuel prices will continue to depend on global crude oil trends and currency movements.

  • | | |

    Gold Prices surge by Rs10,000 per tola in Pakistan

      Gold prices in Pakistan witnessed a dramatic increase on Wednesday, with the price of 24-karat gold rising by Rs10,000 per tola, marking one of the biggest single-day jumps in recent months. The sharp increase has pushed the domestic gold market to a new record level, adding to concerns among consumers, investors, and jewellery traders about the continued rise in precious metal prices. According to the All Pakistan Gems and Jewellers Association (APGJA) the price of one tola of gold has climbed to Rs437,936 following the latest increase. The association also reported that the price of 10 grams of 24-karat gold rose by Rs8,573 reaching Rs375,459 The latest surge reflects the ongoing volatility in both domestic and international bullion markets. Gold prices have remained under the spotlight in recent weeks due to global economic uncertainty, fluctuations in currency exchange rates, and increased investor demand for safe-haven assets. Although the association did not specify the exact reason behind the latest increase, analysts believe that a combination of rising international gold prices and the depreciation of the Pakistani rupee has contributed significantly to the record-high rates. The steep rise in gold prices is expected to have a major impact on Pakistan’s jewellery market. Many consumers traditionally purchase gold for weddings, gifts, and investment purposes. However, with prices reaching unprecedented levels, experts believe that demand for gold jewellery may decline as buyers postpone purchases or opt for lighter and more affordable designs. Jewellers have also expressed concerns that the continued rise in prices could slow business activity, particularly during the ongoing wedding season. Higher costs may discourage customers from making large purchases, affecting retailers and manufacturers across the country. At the same time, investors who view gold as a secure store of value may continue to buy the precious metal despite the rising prices. Financial experts note that gold often performs well during periods of economic uncertainty, inflation, and geopolitical tensions. As investors seek safer assets, demand for gold increases, driving prices higher in international markets. Since Pakistan imports gold and its domestic prices are closely linked to global trends and exchange rate movements, local prices often rise in response to international developments. The record increase also highlights the broader economic challenges facing Pakistan, where inflation and currency fluctuations continue to influence the prices of imported goods and commodities. Consumers are already coping with higher living costs, and the latest jump in gold prices adds another burden for those planning to invest in or purchase the precious metal. Market observers will closely monitor future movements in international bullion prices and the value of the Pakistani rupee to assess whether gold prices continue their upward trend or stabilize in the coming days. Until then, buyers and traders are expected to remain cautious as the market adjusts to the latest record-breaking increase.

  • | | | |

    [Good Business] Kasangkapwa in the advent of agentic AI

    I require my students to use AI, and some have called this out in my teaching evaluations. My defense is that they will compete with and alongside these systems the moment they graduate, and exposure under supervision beats discovery under pressure.

  • |

    Oil prices edge lower as hopes rise for possible US-Iran agreement

    LONDON: Global oil prices slipped modestly on Thursday as optimism over a possible agreement between the United States and Iran eased concerns about potential supply disruptions in the Middle East, prompting investors to scale back risk premiums in the energy market. According to Reuters, market sentiment improved after reports of continued diplomatic engagement involving Iran and Oman, raising expectations that negotiations between Washington and Tehran could lead to a breakthrough. Traders believe any progress towards an agreement could help reduce regional tensions and improve the outlook for global oil supplies. Brent crude futures declined by 37 cents, or 0.5 per cent, to $79.08 per barrel, while US West Texas Intermediate (WTI) crude fell 53 cents, or 0.7 per cent, to $74.69 per barrel during early trading. The latest decline followed a modest gain in Brent crude during the previous trading session, reflecting continued uncertainty in global energy markets as investors closely monitor diplomatic developments and geopolitical risks. Market analysts said that hopes of a diplomatic settlement between the United States and Iran have encouraged traders to anticipate a more stable supply environment. A successful agreement could help resolve months of heightened tensions and reduce the risk of disruptions to oil exports from the Gulf region. Investors are also watching developments around the Strait of Hormuz, one of the world’s busiest oil shipping routes. Any easing of regional tensions is expected to improve the security of maritime trade and ensure the uninterrupted movement of crude oil, a factor that could put additional downward pressure on prices.

Leave a Reply

Your email address will not be published. Required fields are marked *