Meralco electricity rates rise in October 2026 as generation costs rise
Expect too Meralco’s higher distribution charges to kick in next month, but a newly approved refund could soften that impact on consumers
Expect too Meralco’s higher distribution charges to kick in next month, but a newly approved refund could soften that impact on consumers
Natural gas can provide useful mid-merit and balancing services. That capability does not justify a uniform gas procurement across grids with different supply conditions and cost structures.
After its first rate review in 15 years, Meralco has won regulatory approval to raise its distribution charges even after already posting a record P51.13 billion in profits in 2025
While the VAT removal is still welcome relief, expect savings to be modest as the much larger underlying system loss charge is unlikely to disappear from electricity bills anytime soon
The regulator did not disclose the total amount covered under its compromise agreement with the grid operator, how much of the fees had already been collected, and how much is left to collect
Explore this interactive map to see how high the system losses have been in your area
(1st UPDATE) System loss, which accounts for about 5% of a Meralco bill, includes electricity lost to illegal connections and metering errors. The key question legislators need to answer is who will absorb the cost instead.
‘System loss is not unique to any distribution utility but is a common operational aspect of the delivery of electricity,’ Meralco says in a statement, adding that its system loss rate was ‘well below’ the 6.5% cap set by regulators
Behind that popular declaration lies a complicated regulatory system that has protected distribution utilities from costs that most businesses would normally be expected to manage
This year’s SONA seems to be a bit more polished and better crafted—in form, at least. In terms of substance, though, it’s terribly populist.