Meralco rates up, but not due to oil crisisMANILA, Philippines — Meralco customers should brace for higher power rates this month, though the adjustment does not yet reflect the impact of fuel price spikes spurred by the Middle East war. The company is raising electricity rates by P0.5335 per kilowatt-hour in April, bringing the overall rate to P14.3496 per kWh from P13.8161 per kWh in March. The adjustment translates to an increase of around P107 in the power bills of typical households consuming 200 kWh a month. The local currency hit all-time lows during the March supply month, even breaching the P60-per-dollar level. Meralco utility economics head Larry Fernandez said surging oil prices did not affect April power rates, as the company had already secured its fuel imports before the war erupted in late February.

Source: Philippine Star April 10, 2026 16:07 UTC