February 12, 2025 | 12:00 am in the morning
Manila, the Philippines-high-generation costs this month will increase their electricity bills this month (KW) P0.2834 Power Power Co-Co-Co (Merlco) customers.
It brings the overall rate of Merulo to B 12.0262 per kW of per kW, resulting in adjusting the P57 to the regular homes of 200 kW.
At a press conference yesterday, Merulco spokesperson Joe Saldariaka said the rate of increase in a kilowatt increase of a kilowatt increase from electricity suppliers to high costs.
A common electric bill includes generation fee that produces more than 50 percent of the amount of electricity purchased from the electricity producer (IPPS), power supply contracts (BSAs) and the total electric spot market (WESM).
Despite the low WESM rates, both the IPPS and BSA fees have increased at the back of the weak Peso.
This means that the IPBS, BSAs and WESM are 29 per cent, 43 per cent and 28 per cent of the total energy demand of Merko respectively.
In the meantime, the transmission fee is less than a kilowatt of a kilowatt, and the fees that support the services that are necessary to ensure the power phase to ensure the power phase during the lack of thanks to low sub-service charges.
The light dropped the impact of the Energy Regulatory Authority (ERC) order to restore the postponement market allowances in the first three months of February.
“Regulatory reset charges also helped reduce our overall rates because they reduced a B 0.23 of kilowatts,” Saldariaka said.
Previously, ERC had ordered Merko to withdraw P987.16 million in a collected regulatory reset fee.
The delivery fee of Merko, on the other hand, does not move from a lower b 0.0360 a kilowatt implemented in August 2022.
And withdrawal of more money
Earlier this month, the ERC will be able to comply with the order of the Energy Controller who has been declared a failed period from July 2022 to June 2025.
Under the proposal with its proposed money, Merulco plans to withdraw money within 36 months, equivalent to about p0.19 for residential customers.
“The beginning we can implement may be March or April (2025), but we will wait for the ERC order,” said Merulco Utilities Economization Leader Larry Fernandez at the same press conference.
A failed period refers to the time that has passed from the last rate adjustment, which can affect the price and revenue of the regulated company such as MERCO.
