Meralco’s franchise renewal: Balancing consumer welfare and accountability

Meralco’s recent announcement about a reduction in electricity rates offers a welcome relief amid the ongoing rise in costs that consumers are facing today. A decrease of P0.2189 per kilowatt hour (kWh) may seem modest at first glance, but for households consuming 200 kWh, this translates into approximately P44 in savings—a welcome relief for many amidst escalating prices of basic commodities and fuels. (Read the BusinessMirror story, “Power rates drop to P11.74/kWh,” January 13, 2025).

Meralco rates down in January

philstar.com - 13/Jan 16:00

Power utility giant Manila Electric Co. is lowering its power rate by P0.2189 per kilowatt-hour this month, bringing the overall rate to P11.7428 kWh...

Meralco, may bawas sa singil sa January billing

philstar.com - 13/Jan 16:00

Good news dahil magpapatupad ang Manila Electric Company (Meralco) ng P0.2189 kada kilowatt hour (kWh) na bawas sa singil ng kuryente sa January...

December inflation rate steady at 0.5%

newsday.co.tt - 15/Jan 18:53

THIS COUNTRY’S inflation rate for December 2024 has remained relatively stable, registering at 0.5 per cent, the same as in November. While this...

Last chance for Irish consumers to get easy money as banks cut savings rates

thejournal.ie - 12/Jan 07:00

The likes of Bank of Ireland now feel comfortable in cutting their deposit rates again.

Meralco lowers electricity rates for January

philstar.com - 13/Jan 07:47

Meralco has lowered the electricity rate to P11.7428 per kWh this month, resulting in a slight reduction in household bills.Households can expect a...

Power rate decreases in Jan-Feb billing: DLPC

mindanaotimes.com.ph - 16/Jan 06:33

THE DAVAO Light and Power Company (DLPC) said the overall residential consumers will be expecting a decrease in their electricity rates this January,...