Good news! Saw this interesting information on how low our power rates are!
Kayo napansin nyo ba to sa mga electric bills nyo?
I have another good news to you momshies and dadshies! For the second month in a row, the Manila Electric Company (Meralco) announced a decrease in power rates for February. The overall rate for a typical household consuming 200kWh decreased by P0.59 to P8.86 per kilowatt hour (kWh), its lowest level in two years, from last month’s P9.45 per kWh. Such a household will see a decrease of around P118 for their total electricity bill this month.
The reduction is mainly due to a lower generation charge after the implementation of new Power Supply Agreements (PSAs) starting last December 26.
The back-to-back rate decreases to start the year total to P1.00 per kWh and goes against the usual trend of February rates increasing, as seen in the previous five years.
The generation charge for February decreased to P4.51 per kWh thanks to Meralco’s prudent and strategic partnerships with power suppliers and the resulting new PSAs, such as San Miguel Energy Corporation, South Premiere Power Corporation, and AC Energy, who charge a lower generation cost. Charges from the Wholesale Electricity Spot Market (WESM) were also lower this month.
These lower prices from the new PSAs and the WESM—which accounted for 44% of the total supply—offset the cost of power from Meralco’s Independent Power Producers and old PSAs, which increased to P5.29 per kWh.
With these new PSAs providing lower generation costs, the public can expect consistently low power bills with energy-efficient use of appliances and devices at home, allowing for a bigger budget for other household and family needs.
Energy Efficiency Tips for Customers
As we approach the summer months, Meralco encourages its customers to continue practicing energy efficiency initiatives at home to help manage their electricity consumption, such as:
- Such as unplugging appliances when not in use to avoid “phantom load”
- Using the aircon at mid-setting or at 25 degrees Celsius
- Using a power board or strip which can supply power to several appliances at once
- Maximizing natural light during daytime
- Keeping appliances well-maintained to ensure optimal performance.
We already do these initiatives at home. How about you, do you have other energy efficient initiatives to share?
Meralco announces P1.00 per kilowatt hour rate decrease from January to February
Airene Neo says
Wow! Kaya pala bumaba yung bill namin ng January, ang laking tulong din ng pag baba ng kuryente, at ang laki din ng ibinaba. Nakakatuwa!
Roselyn A Jose says
Sana laging ganyan hehe. Laking tulong kasi kapag bumaba ang electricity bill
Babeth Arcede says
Salamat naman, yung matitipid sa kuryente pwede I pambili ng ibang bagay or foods for the family. ☺
Marie Fe Castillo says
Good news nga ito momsh. Malaki din binaba ng electric bill namin
Rita Jonna Cielo says
Wow! Sana po lagi ano hehe at sana din makapagpakabit na kami sarili naming metro hehe para maranasan namin yang decrease ni meralco hahahaha
Melissa Batungbakal says
Sa amin din bumaba, sana next month ganun din.. Hehe.. Nakakatuwa na bumaba ang kuryente.. Sana ganyan lagi para masaya..😁😊
Melissa Batungbakal says
Sa amin din bumaba, sana next month ganun din.. Hehe.. Sana ganyan lagi para masaya..😁😊
Melissa Batungbakal says
Sana ganyan palagi mababa ang bill ng kuryente para masaya..😁😊
Mariya Bektorya says
Sana sunod-sunod na ito!
Jovelyn Jose says
Good news talaga ito! Laking tulong
Angelie Namindang says
Malaki effect po talaga pag mababa ang Bill ng kuryente. Kasi pwede mo na yun pandagdag sa budget.. Kaya kami, todo tipid talaga sa pag gamit ng kuryente..
Rojean mae lamsin says
Ito pala ang reason bakit nagbaba ang bill ko well super big help nito sa budget namin.
Amber Myers says
I always try to be practical with using energy! Otherwise it can get crazy expensive. I like your tips.
Cristina Ioana says
Electricity can be very expensive where we live so we have to be very careful.
The tips about saving energy are great. We all know about them but sometimes miss out on actually implementing them.
Great tips on saving energy. These are bound to be good for anyone owning or running a home.
Jessica Collazo says
these are some excellent Energy Services I wish I had them where I live they tend to be super expensive
Tara Pittman says
In the winter to save on heat, I will dress warmer and sit in the window by the sun. At night we use extra blankets to keep warm while we sleep.
Marie Phillips says
I use lots of sunlight during the day and have lots of large windows in my house. I could do a lot of things better though. All of my kids have their own electronics because they are older. And they tend to keep lights on as they move from one room to another. I have threatened to charge them for the electricity they waste though! 🙂
Rupal Srivastava says
This is so helpful. I am always looking for ways to cut down in on my electricity bills. Will keep these points in mind.
Wow, a decrease in cost is nice! I need to do better about unplugging things I’m not using, like your advice suggests. Thanks for the tips!
Britt K says
Wow, I wish we would see a decrease around here – the rates just keep rising higher and higher. You’ve got some great tips to keep costs down – some that I’m already putting into practice regularly and others that I know that I could improve upon.
Jessica Phelps says
This is an area I really want to work harder on as a large family of six. We definitely could reduce our daily usage.
Cindy Ingalls says
in the summer I keep the windows open, in winter I dress warmly and turn the heat down at night.
What great news! I usually use sunlight for light during the daytime and then when it is warm, I use the heat from outside.
Pearl | ownthepool says
It has been a mild winter in the US so electric hasn’t been as bad as usual. I am glad to see competition is driving down prices!
Alvern at Success Unscrambled says
I cannot believe that you have an electricity company that actually love their customers so much that they decided to reduce rates. I am starting to wonder if there is a catch. These are great tips for saving on your electricity bills.
Amber Hurley says
I wish they would do that over here. That would be great!