Following customer complaints over expensive electric bills during the lockdown, power distributor Manila Electric Co said Monday it would cut power rates by 20.55 centavos this August.
It was the fifth straight month that the generation charge, or the cost of producing electricity, went down, Meralco said. This makes the August 2020 rate "significantly lower" that the same month in 2019, Meralco said.
A household that consumes on average 200 kWh of electricity per month will see a P41.10 decrease in its upcoming bill. Meralco cited fewer plant outages for the lower power rate, according to CNN Philippines.
Meralco also reported a dip in power demand for areas under lockdown. The cost of transmitting electricity also went down, it said. Sen. Sherwin Gatchalian, chairperson of the Senate energy committee, said earlier this month: "The consumers cannot afford another round of bill shock in their electricity bills."