[New post] Red Alerts, high WESM prices push up MERALCO rates in July

Francis Respicio posted: "The Manila Electric Company (MERALCO) has confirmed that its rates for July will increase by Php0.2353 per kilowatt-hour (kWh) to Php8.9071/kWh as a result of the Red and Yellow Alerts from May 31-June 4 that also triggered high prices in the Wholesale El" New post on Power Philippines Red Alerts, high WESM prices push up MERALCO rates in July by Francis Respicio The Manila Electric Company (MERALCO) has confirmed that its rates for July will increase by Php0.2353 per kilowatt-hour (kWh) to Php8.9071/kWh as a result of the Red and Yellow Alerts from May 31-June 4 that also triggered high prices in the Wholesale Electricity Spot Market (WESM). This translates to a Php47 increase for typical households […] Read more of this post Francis Respicio | July 9, 2021 at 5:33 pm | Tags: Manila Electric Company | URL: http://powerphilippines.com/?p=10446 Comment    See all comments Unsubscribe to no longer receive posts from Power Philippines. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://powerphilippines.com/red-alerts-high-wesm-prices-push-up-meralco-rates-in-july/