BigGo Finance·1 min read·medium

Meralco Bills to Rise Again in November as Peso Slump, Middle East War Lift Power Costs

Meralco Bills to Rise Again in November as Peso Slump, Middle East War Lift Power Costs
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Manila Electric Co. (Meralco) is increasing electricity rates for the second consecutive month due to a weakening peso and rising costs from the Middle East conflict. The hike affects consumers in the November billing cycle.

Why it matters

Rising energy costs directly impact the cost of living and inflation rates for consumers in the Philippines.

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Manila Electric Co. (Meralco) will raise electricity rates by P0.4895 per kilowatt-hour in the November billing cycle, the second consecutive monthly…

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