Meralco rate up anew in November at 49 centavos per kWh

Meralco rate up anew in November at 49 centavos per kWh

Manila Electric Co. (Meralco) will implement a new round of rate hikes in the November billing cycle at P0.4895 per kilowatt-hour. The power distribution giant said this was due to elevated power costs amid a weakening of the Philippine peso and the monthslong war in the Middle East. Meralco said on Friday the overall rate

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