Meralco expects lower power rates in January

Meralco Vice President and Head of Corporate Communications Joe R. Zaldarriaga said customers of the distribution utility can expect lower power rates this January.

Meralco customers can expect good news for their pockets at the start of the year with power rates
expected to go down this January.

The decrease in this month’s electricity rate is driven by lower generation charge according to Meralco Vice President and Head of Corporate Communications Joe R. Zaldarriaga.

“Indications show a possible decrease in the generation charge in our customers’ bills this January, Zaldarriaga said.

“This will be primarily driven by lower Wholesale Electricity Spot Market (WESM) prices due to improved
supply situation in the Luzon Grid as both average peak demand and average capacity on outage went down in the December supply month,” he added.

Still, Zaldarriaga reminded Meralco customers to continue embracing energy efficiency as a way of life
given that the onset of the dry season is just a few months away.

Historically, power consumption spikes during the dry season due to more frequent usage of cooling
appliances like air conditioners.