THE Manila Electric Company yesterday announced a slight upward adjustment of P0.0229 per kWh in the March electricity rate.

This brings the overall rate for a typical household to P11.9397 per kWh this month from P11.9168 per kWh in February.

For residential customers consuming 200 kWh, the adjustment is equivalent to an increase of less than P5 in their total electricity bill.

Driving this month’s overall rate increase is the P0.3976 per kWh increase in the transmission charge for residential customers due to higher ancillary service charges, which more than tripled this month and now account for around 52% of total transmission costs.

This increase was tempered by a P0.3518 per kWh reduction in the generation charge.

Charges from Power Supply Agreements (PSAs) went down by P0.3045 per kWh mainly due to lower energy payments for the South Premier Power Corp. (SPPC) emergency PSAs and the resumption of operations of the San Buenaventura Power Ltd. Co. (SBPL) power plant after undergoing scheduled maintenance.

AUTHOR PROFILE

Arlene Rivera