POWER utility distributor Manila Electric Co. (Meralco) said that they are raising power rates by P0.23 per kilowatt-hour (kWh) in November.

Meralco said that the typical household will have an additional P12.0545 per kWh, from P11.8198 per kWh in October. 

They also said that rates are increasing due to a spike in transmission and generation charges. 

The power distributor also said that the transmission charges went up by P0.1211 per kWh on the back of higher ancillary charges.

Mralco said that the ancillary service charge coming from the National Grid Corporation of the Philippines (NGCP) for regulating reserves likewise went up almost fourfold, from P23.17 per kW to P91.35 per kW.

On the other hand, the generation charge went up to P7.1938 per kWh from P7.1267 per kWh in October due to higher charges from the Wholesale Electricity Spot Market (WESM) and independent power producers (IPPs).

Meralco noted on the other hand that the P0.2980 per kWh decrease in power supply agreement (PSA) charges mitigated the increase in the generation charge.

Meralco said that the power rates will increase by the following amounts:

• 200kwh consumption - P47 increase
• 300kwh consumption - P70 increase
• 400kwh consumption - P94 increase
• 500kwh consumption - P117 increase