June is often a stressful and difficult month for moms. There’s the start of classes when we shell out a small fortune for tuition and school supplies. If you’re bogged down by the 1001 worries that come with June, let Meralco take one off your plate: the power distributor just announced that residential rates are going down this month!
If your household is among those that consume around 200 kilowatt hour (kWh) every month, you can enjoy Php 0.13 less per kilowatt hour. Meralco explained the rate reduction is due to a decrease in generation charges, the cost incurred by power generation companies in producing electricity. This month’s generation charge is the lowest since October 2004.
Taxes and other charges are also lower this month, at a combined amount of Php 0.033/kWh. These reductions are more than enough to offset the slight increase in transmission charges by the National Grid Corporation of the Philippines (NGCP).
I just found out that while Meralco is the entity that bills and collects all these charges that go into our monthly electric bill, it does not earn from gencharge, transmission and other charges like taxes, which are but pass-through charges that it has to remit accordingly. The only payment that Meralco gets for its utility services are the distribution, supply, and metering charges, which have remained unchanged since its last mandated reduction in July 2015.
All these numbers translate to a Php 25 reduction in your monthly electric bill if you’re consuming an average of 200 kWh. It could be bigger if you consume more. That’s great news for practical moms who want to find opportunities for savings wherever possible.
Meralco also reiterated home safety reminders for the incoming typhoon season to ensure the safety of the whole family.
- Unplug all appliances, unscrew light bulbs, and turn off the circuit breaker or main power switch when floodwaters start to rise.
- Wear rubber gloves and rubber-soled shoes when cleaning off mud and dirt from the circuit breaker or fuse.
- Hire a licensed electrician to check all the electrical wiring and accessories in your home, especially before the strong typhoons come in.
- Make sure that all electrical wires, connectors, and other wiring devices are completely dry at all times.
- If your appliances have been submerged in floodwater, bring them to the service center or hire a licensed electrician to check them before turning the power on and using them again.
If you want more safety tips or if you have questions for Meralco, visit the website www.meralco.com.ph, or follow them on Twitter (@meralco) and Facebook (www.facebook.com/meralco). You can also call the Meralco 24-hour Call Center at 16211.