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The Manila Electric Company (Meralco) said Monday, September 7, that September power rates dropped by P0.57 per kilowatt hour (kWh) due to a lower generation charge last month. Meralco added, this month’s power rates cut brings the total reduction to P2.13 per kWh over the past 5 months. September’s reduction also marks the seventh time this year that rates have gone down. Meralco said this is the biggest rate drop since January 2010.
Read more on Meralco rate drop.
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