Meralco rate increased by P0.2347/kWh in November billing

MANILA – The Manila Electric Company’s (Meralco) 7.8 million customers will have to pay more for their electricity bills this month as a result of a P0.2347 increase in the company’s overall pass-on tariff, which climbed from P11.8198 per kWh in the October billing cycle to P12.0545 per kWh.

The magnitude of rise in bills for residential end-users with normal use of 200-kWh would be P47, while those with 300-kWh usage band will brace a rate hike of P70.41.

Meralco stated that a major line item which triggered the rise in its tariff had been the higher ancillary service charges of system operator National Grid Corporation of the Philippines (NGCP), with it climbing by P0.1211 per kWh.

“Driving this month’s overall rate increase is the uptick in the transmission charge, which went up by P0.1211 per kWh for residential customers due to higher ancillary service charges,” Meralco reiterated.

The utility firm noted that NGCP’s charges for ancillary services on regulating reserves spiked by roughly fourfold, “from P23.17 per kilowatt (kW) to P91.35 per kW,” with Meralco qualifying that such type of reserve requirement of the system “accounted for around 76.5% of total ancillary service charges.”

It was in the last supply month that the Energy Regulatory Commission (ERC) had given go-signal on the procurement of additional 257.78 megawatts of regulating reserve for NGCP, as prescribed under the  new ancillary service procurement agreements.

For the generation charge line item, Meralco reported that this climbed by P0.0671 per kWh to P7.1938 per kWh in the current billing cycle from P7.1267 per kWh last month; and that was mainly traced to higher charges billed by the independent power producers (IPPs) and the operator of the Wholesale Electricity Spot Market.

Other charges integrated in the current bill, including taxes and subsidies, also escalated by P0.0465 per; while the collection of the feed-in-tariff allowance (FIT-All) remains suspended in this billing cycle.

“WESM charges increased by P1.0933 per kWh due to tight supply conditions in the Luzon grid,” Meralco emphasized, adding that outages in plants’ capacity hovered at 956MW.

Given the scale of unavailable capacity into the system, Meralco indicated the “persistent high spot market prices triggered the imposition of the secondary price cap 7.22% of the time.”

On its capacity purchases from contracted IPPs, the rate hike had been at P0.1093 per kWh “mainly due to lower IPP dispatch and an increase in price of Malampaya natural gas following its quarterly repricing.”

Conversely, sourcing from power supply agreements (PSAs) had been lower by P0.2980 per kWh; hence, that  “mitigated the increase in the generation charge.”

The power firm qualified that “lower international coal prices, higher PSA dispatch, and higher excess energy deliveries, which are price-discounted, contributed to lower the PSA rate.”

Meralco obtained a bulk of its capacity last month from its PSA, which accounted for 53.2% of the total, followed by contracted IPPs, which accounted for 32.5% of the total, and spot market sourcing accounted for 14.3%.

88 Replies to “Meralco rate increased by P0.2347/kWh in November billing

  1. It’s appropriate time to make some plans for the future and it is time to be happy.

    I have read this post and if I could I desire to suggest you some interesting things
    or advice. Maybe you can write next articles referring to this article.

    I wish to read even more things about it!

  2. Today, I went to the beach with my kids. I found a sea
    shell and gave it to my 4 year old daughter and said
    “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed.

    There was a hermit crab inside and it pinched her ear. She never wants to go back!

    LoL I know this is entirely off topic but I had to tell someone!

  3. Hello there! This is kind of off topic but I need some guidance from an established blog.
    Is it tough to set up your own blog? I’m not very techincal but I can figure
    things out pretty quick. I’m thinking about making
    my own but I’m not sure where to start. Do you have any tips
    or suggestions? Thank you

  4. Hmm it seems like your website ate my first comment
    (it was super long) so I guess I’ll just sum it up what I
    had written and say, I’m thoroughly enjoying your blog.
    I too am an aspiring blog blogger but I’m still new to everything.
    Do you have any tips and hints for beginner blog writers?
    I’d definitely appreciate it.

  5. Very great post. I just stumbled upon your weblog and wanted to say that I’ve really loved surfing around your weblog posts.
    In any case I’ll be subscribing to your feed and I am hoping you write again soon!

  6. You could certainly see your enthusiasm within the work you write.
    The world hopes for more passionate writers like you
    who are not afraid to say how they believe. Always follow your heart.

  7. Do you mind if I quote a few of your articles as long as I provide credit and sources back to your site?

    My website is in the very same area of interest as yours and my visitors would
    truly benefit from a lot of the information you present here.
    Please let me know if this alright with you. Many thanks!

  8. This is the perfect web site for anybody who really wants to understand this topic.
    You know a whole lot its almost hard to argue with you (not that I personally will need to…HaHa).
    You certainly put a new spin on a subject that’s
    been discussed for ages. Great stuff, just wonderful!

  9. I’m amazed, I have to admit. Rarely do I encounter a blog that’s both equally educative and entertaining, and without a doubt, you’ve hit the nail on the head.
    The issue is something that not enough folks are speaking
    intelligently about. I’m very happy that I stumbled
    across this in my search for something regarding this.

  10. Heya i am for the first time here. I came across this board and I find It
    really useful & it helped me out much. I’m hoping to give something back
    and help others such as you helped me.

  11. Hi there would you mind letting me know which web host you’re utilizing?
    I’ve loaded your blog in 3 different browsers and I must say this blog loads a lot faster then most.
    Can you recommend a good web hosting provider at a reasonable price?
    Thank you, I appreciate it!

  12. I loved as much as you’ll receive carried out
    right here. The sketch is attractive, your authored material stylish.
    nonetheless, you command get bought an shakiness over that you wish
    be delivering the following. unwell unquestionably come more formerly again as exactly the same nearly very often inside case
    you shield this increase.

  13. With havin so much written content do you
    ever run into any problems of plagorism or copyright
    infringement? My website has a lot of completely unique content
    I’ve either created myself or outsourced but it seems a lot of it is popping it up all over the web
    without my authorization. Do you know any techniques to help reduce content from being stolen? I’d certainly appreciate it.

  14. Aw, this was a very nice post. Taking the time and actual effort to make a great article… but what can I say…
    I put things off a lot and don’t manage to get nearly anything
    done.

  15. Nice post. I was checking continuously this weblog and I am impressed!
    Extremely useful info particularly the final part 🙂 I care for such info
    a lot. I used to be looking for this particular information for
    a very long time. Thanks and good luck.

  16. After looking over a handful of the articles on your web site, I seriously appreciate your way of writing a
    blog. I saved it to my bookmark site list and will be checking back soon. Please check out my
    website too and let me know what you think.

  17. I feel that is among the such a lot vital info for me. And i am happy reading
    your article. But want to statement on few general issues, The
    web site style is ideal, the articles is really nice : D.

    Good process, cheers

  18. Wonderful post however , I was wanting to know if you could write a litte more on this topic?
    I’d be very thankful if you could elaborate a little bit further.
    Appreciate it!

  19. I do believe all the ideas you’ve offered to your post.

    They are really convincing and can certainly work.
    Still, the posts are too brief for newbies. May you please prolong
    them a little from subsequent time? Thank you for the post.

  20. Howdy! This blog post couldn’t be written any better!
    Reading through this article reminds me of my previous roommate!
    He always kept talking about this. I will send this post
    to him. Pretty sure he’ll have a very good read. Thank you for sharing!

  21. Can I simply say what a comfort to uncover someone that really understands what they
    are talking about on the net. You certainly realize how to bring an issue to light and make
    it important. More and more people ought to look at this and understand
    this side of the story. I can’t believe you aren’t
    more popular because you most certainly possess the gift.

  22. You have made some good points there. I
    looked on the internet for more information about the issue and found most individuals will go
    along with your views on this website.

  23. Link exchange is nothing else however it is simply placing the other person’s website link on your page at proper place and
    other person will also do same in favor of
    you.

  24. hey there and thank you for your information – I’ve definitely picked
    up something new from right here. I did however expertise some technical points using this web site, as I experienced to
    reload the website many times previous to I could get it to load properly.
    I had been wondering if your web hosting is OK?
    Not that I’m complaining, but slow loading instances times will often affect your placement in google and can damage your high-quality score if ads
    and marketing with Adwords. Anyway I’m adding this RSS to my e-mail and can look out for much more
    of your respective exciting content. Make sure you update this again very soon.

  25. Good post. I learn something totally new and challenging on blogs
    I stumbleupon everyday. It’s always helpful to read content
    from other writers and practice a little something from other sites.

  26. Please let me know if you’re looking for a author for your blog.
    You have some really great posts and I feel I would be a good asset.
    If you ever want to take some of the load off, I’d love to write some material for your blog in exchange for a
    link back to mine. Please shoot me an e-mail if interested.
    Regards!

  27. Hello there! This is kind of off topic but I need some advice
    from an established blog. Is it tough to set up your own blog?
    I’m not very techincal but I can figure things out pretty quick.
    I’m thinking about creating my own but I’m not
    sure where to begin. Do you have any points or suggestions?
    With thanks

  28. Hello my loved one! I wish to say that this article is awesome,
    great written and include almost all significant infos.
    I would like to peer extra posts like this .

  29. I like the valuable info you provide in your articles.
    I’ll bookmark your blog and check again here frequently.
    I am quite certain I’ll learn lots of new stuff right here!
    Good luck for the next!

  30. Wonderful site you have here but I was curious about if you knew
    of any forums that cover the same topics discussed
    here? I’d really like to be a part of group where I can get feed-back from
    other knowledgeable people that share the same interest.
    If you have any recommendations, please let
    me know. Bless you!

  31. Good day! I could have sworn I’ve been to this site before but after checking through
    some of the post I realized it’s new to me. Anyhow, I’m
    definitely glad I found it and I’ll be bookmarking and checking back often!

  32. I’m extremely inspired with your writing talents and also with the structure on your weblog.
    Is that this a paid topic or did you customize it your self?
    Anyway keep up the excellent quality writing, it is rare to look a great blog like
    this one nowadays..

  33. Hi there everyone, it’s my first pay a visit at this website, and paragraph is
    genuinely fruitful designed for me, keep up posting these articles
    or reviews.

  34. I will immediately take hold of your rss feed as
    I can’t in finding your e-mail subscription link or e-newsletter service.
    Do you’ve any? Kindly permit me recognise in order that I could subscribe.
    Thanks.

  35. Heya i’m for the first time here. I found this
    board and I find It really useful & it helped me out a lot.
    I hope to give something back and help others like you helped me.

  36. Greetings from Florida! I’m bored to tears at work so I decided to check out your blog on my iphone during lunch
    break. I enjoy the knowledge you present here and can’t wait to take a look when I get home.

    I’m shocked at how quick your blog loaded on my cell phone
    .. I’m not even using WIFI, just 3G .. Anyhow, good blog!

  37. Attractive section of content. I just stumbled upon your blog and in accession capital to assert that I acquire in fact enjoyed account your blog posts.
    Any way I will be subscribing to your augment and even I achievement
    you access consistently quickly.

  38. Hello! I’ve been following your site for a long time
    now and finally got the bravery to go ahead and give you a shout out
    from Dallas Tx! Just wanted to tell you keep up the good job!

  39. Sweet blog! I found it while surfing around on Yahoo News.
    Do you have any tips on how to get listed in Yahoo News?

    I’ve been trying for a while but I never seem to get there!
    Cheers

  40. First off I want to say wonderful blog! I had a quick question that I’d like to ask if you do not mind.
    I was interested to find out how you center yourself and clear your mind before writing.
    I’ve had a hard time clearing my mind in getting my thoughts out
    there. I do take pleasure in writing however it just seems like the first 10 to 15 minutes are wasted just trying to figure out how to begin. Any suggestions or
    tips? Kudos!

  41. You’re so interesting! I don’t believe I have read something like this
    before. So wonderful to discover somebody with a few
    unique thoughts on this subject matter. Seriously.. many thanks for starting this
    up. This site is something that’s needed on the internet,
    someone with some originality!

  42. With havin so much content do you ever run into any problems of plagorism or copyright infringement?

    My website has a lot of exclusive content I’ve either created myself
    or outsourced but it appears a lot of it is popping it up all over the internet without my authorization. Do you know
    any solutions to help stop content from being stolen? I’d certainly appreciate it.

  43. Pretty component of content. I simply stumbled upon your site and in accession capital to assert that I acquire in fact enjoyed account your weblog posts.
    Anyway I’ll be subscribing in your augment and even I fulfillment you get right
    of entry to constantly fast.

  44. I’m not that much of a online reader to be honest but your blogs really nice,
    keep it up! I’ll go ahead and bookmark your website to come back down the road.
    Cheers

  45. Wow, incredible blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look
    of your site is wonderful, let alone the content!

  46. Hi, I think your website might be having browser compatibility issues.
    When I look at your blog site in Chrome, it looks fine but when opening
    in Internet Explorer, it has some overlapping. I just wanted to give you
    a quick heads up! Other then that, amazing blog!

  47. Your style is very unique compared to other people I have read stuff from.
    Thanks for posting when you have the opportunity,
    Guess I’ll just book mark this page.

  48. Hey there! Do you know if they make any plugins to help with Search
    Engine Optimization? I’m trying to get my blog to rank for some
    targeted keywords but I’m not seeing very good success.
    If you know of any please share. Appreciate it!

Leave a Reply

Your email address will not be published. Required fields are marked *