Meralco rates likely up in February - News Summed Up

Meralco rates likely up in February


Meralco rates likely up in February“Although we have yet to receive the final billings from our suppliers, initial indications point to upward pressure on several pass-through charges,” Meralco spokesman Joe Zaldarriaga said yesterday. MANILA, Philippines — Higher pass-through charges are expected to push up Manila Electric Co. (Meralco)’s power rates this month. “Although we have yet to receive the final billings from our suppliers, initial indications point to upward pressure on several pass-through charges,” Meralco spokesman Joe Zaldarriaga said yesterday. “There is also a possible increase in transmission charges due to higher market prices for regulating and contingency reserves,” Zaldarriaga said. Another factor contributing to the potential Meralco rate hike is the implementation of new adjustments to the Universal Charge for Missionary Electrification, a non-bypassable fee that supports electrification in remote areas.


Source: Philippine Star February 09, 2026 16:36 UTC



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